CDU 0.00% 23.5¢ cudeco limited

Almost the perfect storm for CDU to be trying to strike a half...

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    Almost the perfect storm for CDU to be trying to strike a half recent funding deal.

    From todays pre market wrap ( courtesy highlandlad )

    http://hotcopper.com.au/threads/day...market.2578318/?post_id=15859661#.VdpVDvmqpuA

    "Copper declined for a seventh straight week as dire Chinese factory data sharpened demand fears. London copper dropped 1.3%, aluminium 1.7%, lead 0.8%, nickel 2%, tin 2% and zinc 2.7%. US copper for September delivery dropped 1% t0 US$2.30 a pound"

    'The September SPI200 futures contract plunged 110 points or 2.1% to 5058 as evidence that the Chinese economy is slowing helped hand the US's benchmark equity indices their biggest weekly losses in four years. Friday's trading volumes were the heaviest of 2015 as panic gripped world financial markets.

    The Dow and Nasdaq both fell more than 3% on Friday to extend their declines since their May peaks beyond 10% - the technical definition of a correction. The S&P 500 shed 65 points or 3.19% to end the session 7.6% off its all-time high. The Dow lost 531 points or 3.12% and the Nasdaq 171 points or 3.52%.

    "Right now there is a feeling of fear in the marketplace and all news is interpreted negatively and it's" interpreted indiscriminately,"
 
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Currently unlisted public company.

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