I believe that the reason Hunter stopped buying shares was that they helped CDR with the turnaround plan and as such were "over the wall" once this was made public they began to buy again....I believe that they will continue to support the stock until Renaissance have sold all their remaining stock which from what I can see by the broker volumes is about 3mil - 4mil shares to go.
CDR is on the mend and once Renaissance are done we should see the SP rise given Hunter 20% key holding, Amanda topping up and other insto's bound to come to the party once all the mess is cleaned up and CDR returns to its core business.
CDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
