CDU 0.00% 23.5¢ cudeco limited

The problem with CDU is : $7 million in the bank, no real cash...

  1. 919 Posts.
    lightbulb Created with Sketch. 26
    The problem with CDU is : $7 million in the bank, no real cash flow. A $68 million debt in US dollars, an large amount of money now is spent on administration. Still no working mine. They are paying with shares so dillutions are taking place, I can not see any reason to invest in this company that has continuously failed to deliver and is a cash trap for investors.
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
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.