CCC 0.00% 0.1¢ continental coal limited

penumbra project commencement and aim listing, page-31

  1. 6,314 Posts.
    lightbulb Created with Sketch. 2512
    There has always been a gulf between expectations and reality for CCC.

    IMO it's a solid stock that has suffered because it was hyped as a stratospheric stock.

    So people look at it and see a failed stratospheric stock instead of a solid stock that's meeting its potential. A perceived failed stock creates negative sentiment, and we end up at 2.5c and fundamentals be damned.

    Very few coal stocks are going to be an overnight ten-bagger, and those that are will likely be through takeovers, or at least takeover speculation. Coal mines are slow to develop, low margin and capital-intensive and value creation should not be expected short-term.
 
watchlist Created with Sketch. Add CCC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.