CDU 0.00% 23.5¢ cudeco limited

where's your top ?, page-2

  1. roh
    4,061 Posts.
    lightbulb Created with Sketch. 2

    Now only 116 days to commissioning of the crushing plant.

    fengshoey,

    Some of what you say I can interpret but the rest I cannot.

    Whether the price of CDU has further to run after a sustained run up on no news and the fact that the buyback has not been needed as a balance against a further attack by shorting is dependent on who is buying and for what purpose.

    Of course CDU is becoming more attractive as CDU moves rapidly from development stage to actually mining and the likes of yourself as a non holder of CDU stock are following what is happening.

    At some point ,the over 5 million shorted shares will have to be redeemed and this will have a bearing on the price. There has been no attempt, going on the latest figures I have, that an attempt is underway to buy and return those 5 million shorted shares.

    I liken the rising share price to a margin call to the shorters.

    I thank you as a non shareholder for your interest in CDU.
    =======================================Ibelieve there will be some very embarrassed journos and others and very happy shareholders when the first production starts and that's another day closer.
 
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.