I'm surprised because I thought I had exercised due dilligence and believed management had integrity, I was wrong. A couple of thoughts;
How must instos and "sophisticated" investors feel who recently got on board at 60 cents?. Lets hope for managements' sake that some of those sophisticated investors don't have other descriptive titles like "Colorful Sydney identity".
The conspiracy theorist in me notes that despite such a massive price drop, there was always a buyer, make of it what you will.
At this point of time I have no idea what the value of CCU is. I have no idea what is truth and what are lies. I have no idea if management are inept, negligent or dishonest.
The only thing I'm sure about is I had a lot more money last Friday.
Regards Pablo.
CCU Price at posting:
33.5¢ Sentiment: Hold Disclosure: Held