Australia's largest stock trading and investment forum Australia's #1 stock forum

CDU

Click for more information

0.00%

23.5¢ cudeco limited

""##,,,,its just 92M asset sitting on the OZ market which is a...

First 21 Last

Share
Profile

Follow
buddy134

23,467 Posts.

110

26/03/19

08:19

Post #: 37881221
Share

Originally posted by sydneyguy ↑

yes you are correct at 42.5% if interest charges each month aren't being paid,

my 36% assumed another one of the pay day loans was being used to pay the monthly interest payments…….(Using a assumption) its billed and due monthly

as there are no dates of when these loans were taken out or the current balances its impossible to really know the situation

They certainly didn't meet their interest liabilities for that amount of money outstanding on all those loans last QTR.

why they are not in administration is very interesting. wonder if the secured creditrs let continued breaches for non payment occur without proper action now having trouble enforcing their security?

I wonder if any amounts are outstanding to the government for royalties? ATO, PAYE, or employees for Superannuation?

This company and all those associated past and present should imo be examined publicly by a government funded liquidator

,,,,its just 92M asset sitting on the OZ market which is a total crock

Expand

""##,,,,its just 92M asset sitting on the OZ market which is a total crock ##""

That (The 92 mill), is just because we are in a suspension mode. If they were trading, those 92 mill would soon reduce to possibly just 1 or 2 millions.

CDU Price at posting: 23.5¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

HotCopper Highlights: Your most watched stocks for Week 48, 2024

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

There are more pages in this discussion • 5 more messages in this thread...

First 21 Last

Add CDU (ASX) to my watchlist