CCU 0.00% 5.8¢ cobar consolidated resources limited

SURMISINGTurnover suggests institutions have not written CCU...

  1. 572 Posts.
    SURMISING

    Turnover suggests institutions have not written CCU off.
    One assumes that they have run over the figures, made adjustments for risk and downgraded earnings and have decided somewhere around 32 cents to 35 cents is fair value.

    For this evaluation of fair value to change CCU needs to perform.

    Improved performance will obviously see increased valuations.

    Another serious hitch and reduced valuations could be disastrous for those holding and see the company in financial crisis.

    Management has come out poorly.
    Perhaps a series of blunders starting from the "field workers" and being further complicated by poor judgement by management. The resignation "for personal reasons" may possibly be a pointer in the genesis of present situation.

    Assuming the previous analysis of resources are valid management has a reasonably simple (I imagine) option.
    The processing plant needs to be fed from the richest resource available for as long as it takes to bring stability.

    April is the next milestone for the possible rehabilitation of CCU when the quarterly figures are released.

    This post is a figment of imagination so remember ----
    Your guess is as good as ----!

    With fingers crossed!

    Vidi


 
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