CCU 0.00% 5.8¢ cobar consolidated resources limited

Ann: Ceasing to be a substantial holder , page-3

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  1. 702 Posts.
    Jd, I can't see any negative to an ageing ex CEO cashing in $250,000 from his super fund. It could be that he has made the switch to an allocated pension and the cash needs to be available for draw downs, might be that he want to take the Mrs on a world tour, or pay out the kids mortgages.
    The vast bulk of his wealth is surely made up in CCU script, having a life to live with expenses to pay is not representative of a anything, just as withdrawing money from an atm dose not represent a lack of faith in the bank.
 
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