CDU 0.00% 23.5¢ cudeco limited

Well its odd. I miust say DYOR before I start this. As it is...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 144 Posts.
    lightbulb Created with Sketch. 19
    Well its odd.

    I miust say DYOR before I start this. As it is purely opinion and my understanding on timeline of this catastrophe from key points only...

    WM appoints PH as Managing Director. Sahreprice dives from $10 to tradeing halt at 80c~~
    WM gets fired.
    PH gets fired. DC Appointed Managing Director.
    PH gets appointed CotB.
    DC forced to resign as Managing Director by PH?
    PH appoints MG as GM. Shareprice drops to ~30c?
    JG appointed CEO.
    JS appointed GM-Processing. Price rises to ~40/50c
    JS resigns for legitimate personal reasons. Price drops to ~25c
    MG resigns during trading halt.
    Directors resign during trading halt. Multiple managers/SSE's resign due to Board influence over operations making the managers seem incompetent. As per MRE issued June/July.
    CEO resigns during trading halt.
    MG appointed "Special Corporate Consultant" to assist appointment of a position higher than he has ever held.
    New SSE/GM appointed with seeming ties to PH and previous management.

    Have I missed anything? :| It really does not look like it has anywhere to go but down and forced into a private owner who is cashed up to buy out shares at 50c on the dollar?

    I am watching this with morbid fascination as I am sure others are.
 
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.