PG,
I have made some good calls and I have made some pathetic calls as well... this can be a good or a bad call, time to tell... I know this management more than most think...
I still decided to take the risk STT... reasons? I can't avoid a shell with a market cap of 1.5m while all the other shells are trading at multiple market caps...
Second - the register has some similar names as Qur... Pat Volpe has been involved with QUR with certain Jews investors... digging down here shows the same... Pat Volpe raising cash through Firefox and taking a position as a sub holder.... happy to pay 2.5c and I can get the heads at 1.6c now...
I understand that long term holders have suffered heaps here... and I don't support any body and I have no certainties that the CDB might be a winner... what I think that it's a cheap shell keeping in mind the sector being hot...
As always, buy sell or hold based on your risk appetite... Once again, this is a short term punt for me...
All the best to all...
CDB Price at posting:
1.6¢ Sentiment: None Disclosure: Held
