CCU 0.00% 5.8¢ cobar consolidated resources limited

get a grip, page-64

  1. 11,938 Posts.
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    Firstly, there have been so many short posts today I cannot find who stated that the company does not have a 'General Operations Manager', but you are wrong:

    Grant Davidson, going by the company statement on 15th of Nov, is currently still working for the company in a transitional role for the next 3 months. So the company is not totally headless as some posters have been implying.

    Regarding the volumes for the past 2 days -
    Monday - 7.7 million shares
    Tuesday - 8.45 million shares
    Total - 16.15 million shares

    Total CCU shares - 231 million
    % of shares traded - %7

    I can only imagine that the major holders have also been ringing CCU management and asking what the heck is going on. They have not sold yet (the majority). Just trying to put things in perspective.

    Jantimot - perhaps if you have the time you could explain/elaborate to me at least, what you mean by your last post.

    "Lighthouse, don't forget that they have to give 720,000 oz per year to the bank .... no revenue, but all the costs."

    I look forward to your explanation as I believe there is more to that equation.
 
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