CDU 0.00% 23.5¢ cudeco limited

sign of faith $3.50 oppie conversion, page-24

  1. 358 Posts.
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    "If they are Azure options, then they would be sold quickly as they wouldnt normally be investors but would see the options as a fee for service and be interested in getting what cash they can ASAP."

    Simple logic? wow we have $100000 options at $3.50 given to us as our fee - we cant pass this up lets convert and sell them at $3.45 thats a nice fee of $345000. Good business practice?

    Whatever Azures? intentions are they are confident of selling the shares at a price greater than $3.50 - unless of course they shorted at $3.60ish earlier this month?
 
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