CDU

Is this true? Placement to 2 entities or their nominees at AUD$4 per share. The issue is not underwritten. But the market price is only $3.60! Placement higher than market price? Are those fools or do they know something?

One thing for certain. Those entities will end up with a significant ownership of CDU. And if it is true that they are willing to pay that price, then CDU will not remain at under $4 for a while in future.