The good history records and broken milestones of CDU.
Now, that was a good one and to the point.
23rd February 2018 – Update on Non Compliance with Ore Reserves Listing Rules
“…Ore Reserves Update will be finalized and ready for release to the market by 15th March 2018…”
13th March 2018 – Voluntary Suspension
“…The suspension is expected to last until approximately 15 March 2018…”
15th March 2018 – Voluntary Suspension
“…The suspension is expected to last until approximately 22 March 2018…”
22nd March 2018 – Voluntary Suspension
“…The suspension is expected to last until approximately 15 April 2018…”
16th April 2018 – Voluntary Suspension
“…The suspension is expected to last until approximately 15 May 2018…”
16th May 2018 – Voluntary Suspension
“…The suspension is expected to last until approximately 7 June 2018…”
12th June 2018 – Request for Continued Voluntary Suspension
“…The suspension is expected to last until approximately 15 July 2018…”
This will mean CDU shares would have spent only a third of the year in a tradable position.
Is this even legal, 6 trading suspension after each other?
But wait, we are still in suspension and that it the 5th of November 2018, which is about 4 months since the 15th of July current.
Now, is the Ore Reserves sufficiently economical to get us out of this poo?
CDU Price at posting:
23.5¢ Sentiment: None Disclosure: Held