Thanks Kn---!
Perhaps market (insiders/institutions) are indicating that last quarter report will not be very positive.
Information previously released has informed that the quarter has disappointed due largely to lower than expected ore grades and clay interference.
There was the possibility that recent weeks may indicate a recovery from the disappointing situation.
Lower share price and strong turnover suggests that there is not likely to be ground breaking news in the quarterly report due soon and insiders are lightening holdings either because of disappointing results or a trading opportunity.
Early days yet!
Expectations of 50 cent share price this month may be evaporating.
Mid April will now be a deciding period in terms of share price and CCU's longer term future.
Hopefully this will be a pessimistic view in the short term.
But that is how it looks at the moment.
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Thanks Kn---!Perhaps market (insiders/institutions) are...
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