CCU 0.00% 5.8¢ cobar consolidated resources limited

jdiesal,my concern is Magna wait until all the faithfull take up...

  1. 1,618 Posts.
    jdiesal,

    my concern is Magna wait until all the faithfull take up thier entitlements and a few weeks or months we are sitting at 5cents, if no one picks up thier entitlements Magna have to pay 13cents so a higher premium. now if I where magna I would hope the saps throw their money and wait for pherhaps a slide in silver or a another hiccup in production and the final weak hands are out or if I'm wrong and the SP slowing recovers iI will jump on board (at premium to 13cents) but know the train is moving in the right direction.
 
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