You might find this interesting,
Coking coal, or metallurgical coal, is used in the production of steel and therefore China's growth projections are big factors governing the outlook for coal stocks. Share price declines of between 60% and 95% for coking coal producers, explorers as well as producers of thermal coal warrant the question: Are there cheap buys in this sector?
http://www.thebull.com.au/articles/a/29276-4-dirt-cheap-coking-coal-stocks.html
looks like CCC share holders are not the only ones doing it tough, the hole sector is getting a beating and by this article, punters are starting to bargain hunt.
I am not suggesting ccc is a bargain, but if directors keep buying on market, I might have a punt myself.
Just my thoughts,
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