Thanks Systematic. Pleased to note that someone has analysed the situation regarding CBA so well.
Remember the Directors received great salaries! Remember they did not use any of this money to "invest" in CCU. Too slick for that. They have always regarded CCU as a very poor risk one might well conclude. That they are so well paid has led to my occasional comment that it is in their interests to keep CCU going as long as possible.
While some get optimistic every slight surge in POS and hope for continuation of an upward trend I am fairly much a lone voice in suggesting that there is just as much chance of POS declining to well below $20 as there is for POS to travel to $30 (eventually $30 of course but don't hold your breath waiting for this to happen).
I think shareholders have been misled for all the time I invested in this company.
Pleased to have unloaded some time ago but still at a biggish percentage loss.
Best wishes to all.
May you find better pastures after this is affair is over and CCU disappears.
CCU Price at posting:
5.8¢ Sentiment: None Disclosure: Not Held
