CDU 0.00% 23.5¢ cudeco limited

xstrata behind takeover preparation?, page-46

  1. 30,924 Posts.
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    A partnership! Wow! Here's a new idea. Note that partners share in profits and LOSSES. If CDU hits hard times, you have to fork out for any cash the company might need.

    You really have no idea BRETTO, a partnership of 8,000 would be the most unwieldy structure imaginable and very expensive to manage. Accounting and law firms can do it because they are all professionally qualified people with knowledge of partnership law and accounting, but for a mining company with 95% amateurs - it would be crazy!
 
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