"Core elements of the DFS must be sound, otherwise zzedzz is smarter than people who have seen the draft but out of date DFS, and stumped up cash. Sorry, I don't think you are."
M & G had full access to the data room prior to jumping in for 10m at $2 they also had full access to the data given to the Chinese prior to stumping up another $32m at $4 - They were also the largest ever on market buyer of CDU buying another 16m shares on market - But they also access to other information that gave them enough concern to dump the entire 34m shares presumably at a hefty loss.
O.W, NAAIL and Sinosteel presumably had access to the data room and almost completed DFS yet chose not to take up any of their $2.50 SPP and 2 of them have board seats.
CDU Price at posting:
$1.74 Sentiment: None Disclosure: Not Held