CCU 0.00% 5.8¢ cobar consolidated resources limited

i'm out, page-60

  1. 3,754 Posts.

    >I have taken what was left in ccu and put it into cdu,so I have swapped the c for a d.


    Oh dear!

    Putting your money into yet another company not making profit.

    Some will never learn!




    The main reason I decided to go with CDU is they have 48 million in cash.CCU have massive dept,to a level I dont think they can recover from.
    Maybe CDU wasnt the best buy out there I dont know,I brought some early feb also for $1.45...they are now $1.77 .
    Im happy with that.

    In the same time my holding in CCU did nothing but go
    down.

    Im happy with my decision and feal a great sense of relief to of have sold ccu.


    cheers.




    Its sad to read of some of the losses here.
 
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