What a sad tale Cobar has been, feeling for the holders who are still in.
I lost about 85% of my investment in this stock, but at least got out last month with something.
I thought the new CEO would be the spark needed to turn the ship around.... guess not. I will make a note to avoid the management of this company in future.
There are no winners in this story....
But some punter will come in and buy a brand new mine for peantus.... of which we all paid for.
If you're still holding you should go to Wonawinta stake a patch of dirt.... and the bankers to F off!
CCU Price at posting:
5.8¢ Sentiment: None Disclosure: Not Held