CCU 0.00% 5.8¢ cobar consolidated resources limited

re: Ann: Share Purchase Plan Documentation De... What does...

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  1. 435 Posts.
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    re: Ann: Share Purchase Plan Documentation De... What does anyone make of this announcement that came along with the SSP offer documents .

    I accept the fact that it would be difficult to get someone to underwrite the SPP offer . But I am not sure if this board, CEO and chairman have executed the process well.

    It certainly explains why they have not bought any shares in the company , but still have the front to take a payment for their inefficient service to us investors and for that matter their staff.

    I need time to digest this but I am certainly not very happy . Tomorrow will show how investors will react to this announcement .

 
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