CCU 0.00% 5.8¢ cobar consolidated resources limited

why the fall?, page-34

  1. 1,937 Posts.
    Similar information is seen on the front page of the quarterly cashflow. Being cash outflow (net negative) it means they'll be seeking more funding soon.

    Going concerns in this situation means more dilution to keep the doors open. Hence down amid the PM price dips. This is one of few examples where a fixed price hedge works in favour over spot.

    Hard to overcome cash outflow however. So caution.
 
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