Jd, Yep Ian Lawrence was passionate and for sure he new the operations back to front, but I was always of the view that he tended to overstate things, likely a byproduct of the capital raising road shows, in the end CCU is not now what he was promoting then. Only my opinion though.
$4, Magna would requie FIRB approvals to underwrite the SPP, in tandem with that you would have to question their appetite for more exposure.
I haven't decided what I'm doing as yet, trading off severe dips have helped in the past, just play it by feel atm
Cinderella story?
CCU Price at posting:
8.7¢ Sentiment: None Disclosure: Held
