CCC
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0.00% 0.1¢ continental coal limited

why is this stock collapsing?

  1. c16h34
    2 Posts.
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    16/06/11
    23:25
    Post #: 8549644
    I'm not an expert on the coal market but it seems to be an in-demand product so...what is the fundamental reason this stock is collapsing?

    There can only be one or more of several reasons:

    - Volumes not believed (just increased)
    - Projects considered to be not economic
    - Political risk in South Africa
    - Coal quality poor (see economic point above)
    - Funding issues
    - Company poorly managed
    - Other?

    Anybody got an opinion?
    CCC Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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