C C U any views?

**whatsup** · 11-05-2009, 12:54 PM

Cobar Con Res.

**trackers** · 11-05-2009, 01:53 PM

Too many shares (insto placement and employee SPP) going out the door at 50% discount for my liking

**whatsup** · 12-05-2009, 04:01 PM

Up 50% in 2days and loooooooooooking great, dyor and youll be verry surprised, a 5 bagger coming up!!!.

**zero** · 12-05-2009, 09:01 PM

A silver play, theres a few silver bulls out there. A lot of aus mining stocks been doing well last month or so. Sounds like they have a lucrative project though at this stage not a long mine life.

**soulman** · 12-05-2009, 09:56 PM

Yep, I am with you tracks.....

It seems there is a lot of uneducated investors out there that thought the record date is the ex-SPP whereas the ex happen on the 11th May.

On the con, CCU looks good value.

**whatsup** · 13-05-2009, 09:23 AM

Soul... where does it say re the 11 th?

**soulman** · 13-05-2009, 06:56 PM

That's the problem dude, it doesn't.

The record date is the 15th and hence, the ex date is the 11th.

**whatsup** · 13-05-2009, 08:28 PM

Soul... I have phoned the company and they said that the qualifying date is the 15th which is Friday , most of the broking houses send the shares weekly off to the company and the ASX every Thursday which gives the electronic registry time to register the shares electronicly that day(Thurs) in preparedness for Fridaye transactions.