This is very good timing and excellent news for CDU investors.
I recently read an article in The Australian newspaper that said their were record numbers of Chinese investors looking to switch their investment to shares.
The fact this is going to be on the main HK board will see the shares become available to many more investors.
Not sure how its the main board but I guess all will be revealed in due coarse. Maybe the Chinese shareholders provide some sort of sponsorship or have got special exemption for Cudeco.
After all we will be the only new 3MT PA copper miner in Australia next year. With early NCu DSO sales to Chinese smelters I think its going to be an elevator ride back up!!
Once again hats off to Wayne and the board of directors. They've steered the company through rough seas that all the CDU bashers said was impossible.
Faithful to be rewarded in 2015 I believe!!
CDU Price at posting:
$1.95 Sentiment: Buy Disclosure: Held