CCU 0.00% 5.8¢ cobar consolidated resources limited

what a bummer!

  1. 129 Posts.
    We all just lost 10% of our stock through dilution. If you have 100,000 shares you now need to buy another 10,000 to get back to the % holding you had before.

    I would rather have had bank finance any day especially with CCU digging real money out of the ground. The short payback period for a loan makes it acceptable keeping interest payable low.

    Does 4 work days seem quick for a 26 million share offer nailed?

    Wonder who our new partners are?

    Anyone else feeling disappointed?

 
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