What would it take for the Non-holding knockers (lets call them NHK's)..to jump on the CDU wagon with investment in mind?
I don't mean day trading, I don't mean shorting, I don't mean short term, I mean what would it take to buy stock with the intention of holding for at least a couple of dividends?
I suspect each of the NHK's will have a trigger event, hence the reason for the question. Simply put: If you're an NHK and you don't have a trigger event in mind and you are spending all this time accumulating (or creating) negative scenarios:
............What on earth are you doing with your life?
(Don't give me any of that Saviour-Knight-in-shining-armour story)
Some suggested trigger events could be:
1: New major investor - non-Chinese - arrives on the scene. (relieves the tension associated with lowball T/O, and let's face it - the Chinese are good at it). 2: Income before the end of the Financial Year. (Of course there has to be a limit - let's bottom line it at $50,000,000). 3: Discovery of the Wilgar Origin. (There is a lot of gold at Wilgar but there's more somewhere 4: Funding for plant to process the Uranium. 5: DFS. (Forget it - not going to happen, pick something else). 6: A upgraded JORC which doubles the extent of the resource. 7. Share price falls to $1. (forget it, you will be waiting a long time). 8. Share price climbs to $5 - $7 - $9 etc. (what are you waiting for? Posiedon?)(http://en.wikipedia.org/wiki/Poseidon_bubble in case you don't know)
Any other reason is acceptable - don't think you need to stick to the above, but, if you are going to take the time to answer, please be sensible about it.
Perhaps I could have titled this subject as "Todays Challenge"..........
.................or are you just here to waste time?
Morgan
CDU Price at posting:
$3.42 Sentiment: Buy Disclosure: Held