Trading pattern during last week was difficult to fathom.
In retrospect it may well be that share price was being propped up.
If so share placement may be a strong possibility. Would be at a low figure, dilution would be significant, single figure share price resulting - perhaps.
Meaningful bounce back in POS anytime soon is not my expectation. Flats has indicated that if POS stays at present levels future is bleak. ("they'd be stuffed") Must be close to that scenario.
Vidi
CCU Price at posting:
18.9¢ Sentiment: None Disclosure: Not Held
