CDU

Gina touched FXJ one evening recently and it turned it into gold. When she touched it, she had already increased the share price after the market closed. When the other investors found out, of course, FXJ had already turned into gold. FXJ had been falling hard until someone smelled value and someone smelled 'influence'.

Meanwhile, a weird mob M & G Investment Management has just announced that it has increased its holding in CDU by about 1%. If I am not mistaken, it was bought via a placement at $4 when the market price for CDU is around $3.60. The odd thing is why pay more than 10% when you can easily buy on the market for less? I believe there is another party involved in the placement.

The good news for existing shareholders is that someone recognizes value!