ebit many people have been saying that as we know for a while.
However as time goes on it does seem fair to say that right now CDU doesn't really need to go running around the country with tin in hand trying to get a rise in the share price.
We've got our "partners" on board and actually need a bit more time to get them up to 30% at a reasonable price. Heck any sort of spike could actually hurt that. We've got a buy back in place that's just KILLING IT at the moment. WM will be going top shelf this weekend up in Main Beach thanking another crash in the markets (remember the first he got all of our equipment at 10 cents to the dollar).
As of right now there is one thing holding the CDU price back and that is time IMHO. 2 years until we see a div and people are going to play elsewhere and hope all is the same in 12 month. I know someone that did it this week with about 150,000 shares (on a spike luckily). Just had a deal he didn't want to pass up somewhere else. He doesn't care if he has to pay a buck more down the track, but was over the waiting.
Like I told him, every month we get closer to mining people will become a bit more itchy. When will the first person bite? I don't know, but when they do it will get interesting. There will be a time to just lock in and "forget about it" me thinks. I'm happy to be there already (despite playing with a few on the side).
CDU Price at posting:
$3.24 Sentiment: Buy Disclosure: Held
