CDU cudeco limited
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why is cdu only $1.66 ?, page-8

  1. shadowboxer1
    2,755 Posts.
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    15/02/14
    22:41
    Post #: 12941150
    Hoots
    Why was the underwriter willing to gamble that they could end up forking out $50 million @ $2.50 per share with a free option? Could it be that they thought there was value at that price? You seem to concentrate at $30 000 worth being sold at $1.50 rather than raising 1 600 or 1 700 times that amount at $2.50.
    CDU Price at posting: $1.66 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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