CCU 0.00% 5.8¢ cobar consolidated resources limited

i'm out, page-73

  1. 480 Posts.
    I get the feeling bigger players have something in mind after next Tuesday [Closing date].Not underwritten-no mention of Director's intentions to take up entitlement-Share Price in the toilet-Shareholder sentiment overwhelmingly negative-.By 11th March,the SP less the 20% discount will be barely 5c.Would appear to be a good price for a "White Knight" to come to the rescue.I'll bet there's some devious souls somewhere just sitting back in their Boardroom waiting to pounce & when they do ,current SH's will be seriously diluted.For my money,it's going to be worth taking up some of these 5c shares just to watch what unfolds.
 
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