CDU 0.00% 23.5¢ cudeco limited

snapshot of cudeco today , page-46

  1. 4,632 Posts.
    lightbulb Created with Sketch. 590
    Hey all,

    Just for all those people thinking we will see $5 again soon, even $3. The reality is that the share prices of most mining companies peak long before they ever get into production. Look at the charts of EXT and FMG as examples.

    The reality is that a lot of funds are needed to bring mines into production, CDU is no different. Cap raisings dilute your holdings and your chances of ever seeing the highs again. The difference with the other mines is they have management who is respected.

    You are better off selling and moving to a company which will deliver a return than sit around and wait for dead wood.
 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.