CCU
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0.00% 5.8¢ cobar consolidated resources limited

spp mean major s/holders aren't true belivers

  1. HAW323
    37 Posts.
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    01/03/14
    22:07
    Post #: 13070503
    With limit funds available plus Debt and a depressed market. Strategically if the major holders saw great opportunities they would be doing a capital raising plus underwriting it ...diluting all other shareholders.

    IMO a SPP being announced means they have no confidence, but they are happy to let Mums and Dads stump up money.....


    CCU Price at posting: 7.1¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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