CCU 0.00% 5.8¢ cobar consolidated resources limited

silly omgwen, how can I be bitter about selling a stock at 62.5c...

  1. 3,072 Posts.
    silly omgwen, how can I be bitter about selling a stock at 62.5c when its now sitting in the low 30s ? Bitter? that's funny, I'm fully stoked.

    As for my other reasons for not re-entering CCU, they are numerous. Particularly the still questionable production numbers barely covering hedging, even with the ambiguous jaw boning from management, there is little cream on this one for the next 5 quarters. Additionally, they still have a business to run with unavoidable costs. Plus exploration and plant adjustments chewing through the last CR.

    It was worth a punt post CR, for now I'll sit on the sidelines.

    Don't mistake being realistic for being negative, that's a HC Footy-Dad syndrome.

    As for Ag47, I've just ordered a bag full of Triviums, including half a dozen proofs.
 
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