Australian (ASX) Stock Market Forum

CDU - Cudeco Limited

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dubiousinfo said:
Keep in mind the old saying: Buy the rumour ...sell the fact.

It may be that the best prices are found in the runup to the announcement & the SP actually falls after the annoucement. :2twocents
Click to expand...

Thats a good point and worth keeping in mind...regardless of valuations a stock is only worth what people are prepared to pay for it
 
Delays in the upcoming resource statement (originally due Sept) have seen the price drop...

Short term drop I reckon. Will bounce back up closer to announcment time I'd imagine.
 
This thing almost ran to $5 today ? ? ? ? ? :confused:

It was like $3 a few days back, there sure is a hell of alot of traders on this
 
Hi there folks. I'm fairly new to all this, but I was wondering if anyone can explain to me whether the sp of CDU is a reasonable "assessment " of its value, and if so, how do you arrive at that conclusion. From a newbies point of view it seems that there are other Co.'s that have good apparent resouces but have a share price no where near CDU. Is there something I am missing?? Any enlightenment would be greatly appreciated.
 
barney, they could have one of the biggest copper finds in the country, or the world

Some think the sp could be as much as $15 or $20 once the mine is up and running etc

do some reading on the thread, and read the ann's
oh, and there's lots of sentiment too, so when the ann's come out, lots of liquidity and volatility etc
 
Yeah thanks Pharoah. I have read most of the reports etc , including the one where the analyst predicted a $25 sp. (Unfortunately thats what enticed me to buy at around $7.60 before the trading suspension kicked in and i sold 3 days later at $2.37 losing thousands/and lots of thousands more!!!.........it looked like it was going to retrace back to where it started so I got spooked....I am a newbie so I have an excuse) I make no gripe about it because I should have known better than to buy into something I knew nothing about, but I was really interested if anyone could give something more "concrete" on the sp value as opposed to the"speculative" value. Fair enough they have an inferred resource now of over the original 59MT but there are still other Co.s that seem to have "quality " resource amounts, yet their sp is nothing like CDU's. Once bitten twice shy for me, but for anyone who bought "at the right price" I hope you you all make a million........unfortuately for me CDU is an abbreviation for depression :( Maybe: C razy D umb U neducated
 
Looks like back to business as usual...

$3.84 as I speak. Take out the last couple of days when it all went a bit silly due to a few newspaper articles, and basically the stock is climbing gradually and slowly.

Normal programming is resumed... for now!
 
feeding_the_fire said:
Looks like back to business as usual...


Normal programming is resumed... for now!
Click to expand...

And normal for CDU is, well, anything goes! :p:

I think the market is too reactive for this company - just go with the flow, do your research, ignore the lows (and highs) and maybe it will pan out.

I have a combo of low entry shares and high entry shares - was watching that mad Monday was it? in early July. Have now sold some shares, havent quite worked out if I am better off selling the higher priced shares or the lower priced shares - depends on other CG's during the year I guess!
 
I would have thought that CDU's sp would not be doing anything significant seeing that the resource statement is to be delayed by at least a month!

Maybe the market is excited by rumours that Wayne McCrae is in China seeking out investors...
 
scsl said:
I would have thought that CDU's sp would not be doing anything significant seeing that the resource statement is to be delayed by at least a month!

Maybe the market is excited by rumours that Wayne McCrae is in China seeking out investors...
Click to expand...

The announcement yesterday was very good if anybody bothered to read it and read between the lines. The company is being very cautious about what it says in its releases.

The magnetic survey points to even more resources being identified.
 
yeah crayfis, what was so funny
I said read ann's, dyor, etc
And it "could be"

And it could, may not also, but looks great, everyone would have to agree...
You just never know, but at this stage, looks like a monster - hence all the money being thrown into it
 
I'll ask again nicely............. :rolleyes: Any tech/analysis guys/gals out there. (not my strong suit) Anyone prepared to actually put a figure on what "the facts" tell us that CDU sp is worth, or is everyone just hoping that all the hype is real??? ..........is anyone game to put their reputation on the line?? I admit to knowing very little about valuing a spec stock, but if copperco for example (CUO) (not CDU) is running at around 44 cents, that makes CDU worth 8 to 9 times more.....Does that seem reasonable???????? Please, somebody educate me!!! What am I missing?? :confused:
 

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