Could be a missed chance to get a share issue away,maybe for a long time too.
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Last presentation from the MD a short while ago suggested capital raising would not be required until mid 2010. I expect gold, silver and CCU to be trading much higher by then.
This week is likely just a pullback due to the treasury auctions and gold/silver options expiry. I would be waiting until next week to confirm whether this is a longer pullback or just a blip on the way to US$1200 Gold/US$20+ Silver.
I suspect those buying CCU now will have done well come a few weeks if gold and silver climb from here. The ASCI has at least got it some exposure to traders and investors who would have otherwise not been aware of the company...
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