CDU 0.00% 23.5¢ cudeco limited

vanguard metals, page-21

  1. 379 Posts.
    S ewe,

    I'm also pretty comfortable with my position at this point but, perhaps unfortunately, we need to recognise that the positions being taken by M&G and indeed Vanguard may be very temporary. The initial placement that CDU said was going to a 'single investor' was very quickly distributed to 'more than one' beneficial owner. It looks like M&G disposed of 50% of the placement stock within 5 days of the initial announcement! (to the Vanguard fund)

    The good news is that stock has been purchased on market. That is a very positive sign....but the dump can be just as quick.

    I'm also curious to see if yesterday's buying (total volume of 3,325,374 included any on market purchases by either Vanguard (registered under Chase) or any of the M&G registered holders. Last Friday's volume of 3,824,759 included 1M new shares bought by VPMM.

    M.

    M.

    CDU needs regular good news to maintain the momentum.
 
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