>IMO CBA by only extending for one month either needs a bit more time to come to a decision
Couldn't disagree more! The CBA will only put a company into receivership (This is what you are talking about isn't it?) if the company is making no inroads towards progression.
This clearly isn't the case for CCU as they are now making substantial progression.
As the announcement say's, constructive discussion is ongoing with the CBA but you are entitled to your opinion.
CCU Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held