CDU 0.00% 23.5¢ cudeco limited

In other words it is increasingly looking like the cap raising...

  1. 8,640 Posts.
    lightbulb Created with Sketch. 7400
    In other words it is increasingly looking like the cap raising is being designed to fail, so that SH simply don't take up their entitlements and the 3 amegos go over 50% between them, then run it however they want.

    To me that would obviously be putting in a lot more exploration for copper with any profits, instead of dividends. COW obvioiusly win in the long run with their discount on purchasing all the copper, but how do the other 2 win?

    One would have to wonder if they had some type of agreement about being bought out at some stage in the future from COW when the price is right for them.
 
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.