CCC 0.00% 0.1¢ continental coal limited

just an observation, page-10

  1. 111 Posts.
    Spot on observation methinks. A big company with a tinpot company share price.

    What CCC really needs is a share consolidation to get away from have such a ridiculously large number of shares in the market and consequently such a stupidly low share price. A 10-1 share consolidation would give them a share price of just under $1, and look more like a serious company (which it is).

    Seems to me the robot trading machines love to trade this stock too, probably because such ridiculous volumes of shares go through every day, and their activities are so much harder for your average punter to see through.

    I also reckon if CCC do decide to do a share consolidation that's a pretty good indication that the big investment trusts etc are buying in.

 
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Currently unlisted public company.

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