Fourdollars
"There's a risk that Magna may decide not to underwrite another capital raise - they could simply pay out the CBA and then own all of CCU as the largest creditor if they wanted to play hardball."
* No they can't
"There's never been a month, let alone a quarter, where CCU has come close to nameplate capacity."
* depends on what you call close, month of September production at %75+ and growing
The rest of your post I agree with