CDU 0.00% 23.5¢ cudeco limited

trading halt, page-16

  1. 1,025 Posts.
    Pheonix1: Not down ramping here guys but the shares sold off this morning was a concern,considering it was after a buy back and it was before the trading halt. I hope there wasn't a leaky boat because if there was that's not a good sign.

    Pheonix, my guess is that some of the shorters and brokers are testing the Buy Back (BB). no notice so far that CuDeco bought anything yesterday, and CuDeco like to BB at random intervals to keep the shorters and churners on their toes.

    what will be interesting is to see whether a notice is posted tomorrow; i.e., whether CuDeco bought anything this morning in response to the sell down. or are they going to wait until after the bulk tests are announced before using the BB to prevent 'evil doers' from selling the stock down as they so love to do after a good announcement.

    cheers.
 
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