Thanks guys for your posts , time will tell and you are right "Systematic" in saying that I would like to see all board members have substantial holdings in the company.
I still believe this would give investors more confidence in the company if all of its board members actually bought shares at market prices like everyone else.
As far as the ex-CEO is concerned I understand that he may need funds for personal reasons. Irrespective of what investors think of his management skills, he created this company and I am sure he has put his heart and soul into it , and as a consequence I still believe he has more experience in this type of mining than the current CEO and board put together.
Once again I hope I am wrong and time will tell.
If anyone from the board reads this thread, "SHOW US HOW GOOD YOU ARE BY BACKING YOUR SELVES AND BUYING CCU SHARES" that will in its self be great news for us investors especially when the ex-CEO has sold some. As "Dollarfast said at 12c now is the time to buy in BOARD AND CEO.
CCU Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held