CDE closed at US$3.69 down 14 cents (3.66%) on volume of 14,052,565 shares.
It was the worst performing stock on the HUI last night.
That makes the scrip bid worth just $3.04.
Unless the CDE share price stages a significant turn around I cannot see it being successful.
What I find a bit irritating is that BSG are down over 3% this morning.
Surely the BSG share price is not going to track CDE's current underperformance on the HUI?