CCU 0.00% 5.8¢ cobar consolidated resources limited

the gradual fall, although plenty of upside

  1. 1,396 Posts.
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    I would have thought that given the fact that CCU is raising at 25c. The stock should struggle to trade below this mark. Given the 20c SP available now, it is hard to add reason as to why this is the case. I feel for all CCU holders. The long run proves great but as is the case with speculative stocks, many are in it to make a profit in the ST. Good luck to all holders, i for one am a long term holder, with a huge holding and can see plenty of upside. Anyone feel free to enlighten me as to the reasoning behind the drop in SP price over the past few days. I thought the gap was closing and the retrace was completed. Seems as though i have been proven wrong.
 
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Currently unlisted public company.

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