non-structural is a low at (a) 27c low risk area. currently no reason for it not to hold unless things go pearshaped in a hurry. low of bull flag marked red joins in at a) also. possible reaction back to 57c gap from a), o'wise it's a failure point.
structural is below (a) into either of (b) 18c or (c) 12c;
zero risk is (c) 12c is equal and opposite 6 stdev correction from the bubble price of $1.16 - also below 1.5Moz/yr prod'n on adjusted snafu ore results if the worst happens.
expecting c/r either way - size and severity would determine b) or c) on structural failure. CCU stated sufficient cash on hand but not in a position to trust. fundamentally can justify $110M mkt cap on p/e of 5.
timing: CCU has a prominent 3 month long/short speculative cycle going on ... a local low is very near due this week.
CCU - daily
short reporting hit and miss - is not compulsory, shows asic data full of holes on CCU, or it is not a heavily shorted stock.
CCU - short positions as per asic
worth the punt here, but like everything else that is obvious about ccu now it comes down to crisis management.
CCU Price at posting:
30.6¢ Sentiment: ST Buy Disclosure: Held
