'I'm thinking a few may have sold today to fund taking up their rights issue"
38 trader - yes I believe you are correct I have spoken to a few holders today who have done that = go figure Buy at $3 sell at $1.90 so you can re buy at $2.50 to get a free oppie that some computer model says is worth 64c
Fools and their money I reckon - last week 2 x share were $3.50 today 2 shares are $3.76 - or buy one now at $2.50 and another in 2 years time = $5
Even W.M thinks this doesnt look a good deal compared to buying at $2 - wonder if he bought some more today at $1.88 /
CDU Price at posting:
$1.88 Sentiment: None Disclosure: Held