re: aum or cqt ... ianon I have given up on CDU for now.....I would have to tie up too much capital in it to get a decent return - CDU also has the habit of suddenly moving in unexpected directions - this can easily wipe out a good percentage of your starting capital.
CQT is cheaper.... the oppies (still) offer good value if you can get CQT below (or close to) .40 it has the better short term upside. Then take your profit on CQT and put it into CDU.
CQT should be very much in play next week if you can buy before the ann then it represents great value.
In the West Australian a named analyst with a big broking house is on record as describing the resource as "spectacular" - and the MD has confirmed they will be issuing an ann "early" next week upgrading the resource. They also have a diamond drill now so we will start to get feedback about what is there at depth at Mt Carlton. If what is near the surface is an indication then there should be plenty more positive stuff on CQT to come. In addition they are currently only worth 60mn fully diluted.
So - see if you can use CQT to increase your play money short term and then in a few days / week sell and buy into CDU in anticipation of a steady steam of juicy anns over the weeks following.
However I own CQT oppies so this post may be unintentionally biased - after all the stock doesn't need ramping - thanks West Australian.
This is my plan anyway.... good luck with yours
EB
AUM
australian mining investments limited