CCU 0.00% 5.8¢ cobar consolidated resources limited

The great unknown is will they survive this quarter and the next...

  1. 455 Posts.
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    The great unknown is will they survive this quarter and the next quarter based on 4$'s calculations and is there a CR as the price seems to be desperately being prompt up for either a CR or are Magna and friends slowly mopping up .

    I still Believe the company has good valuable assets that are worth more than the current share value , even this period where the POS is down but it's been poorly managed by a a board that lost its most experienced member The previous CEO .

    I seriously hope I am wrong about the this board , but so far as i can see I believe they have miss timed all their cash flow need events certainly over the last 8 months and obviously early . However the fact that they seemed to have used the previous CEO as their scape goat , they have had 8 plus months to demonstrate their ability to change things ! AND HAVE NOT
 
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Currently unlisted public company.

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