CCC 0.00% 0.1¢ continental coal limited

ccc versus ccco, page-5

  1. 138 Posts.
    ... just did a few more sums with the previous $1000 purchase

    Even if you think the gap is going to close quite quickly, if you have CCC @ 8c, and CCCO @ 5.2c, then the new numbers are:

    CCCO $1106
    CCC $1126


    for CCC @ 7.6c and CCCO @ 4.8 we have:

    CCCO $1021
    CCC $1070

    CCCO will be equal to CCC at 8.3c to CCCO at 5.5c ($1170) (on 2.2c premium)

    Moral of the story: you'll need to act fast if the price jumps rapidly for the temporary switch to CCC to be worth it
 
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