CCC 0.00% 0.1¢ continental coal limited

Ann: Corporate Update , page-6

  1. 2,122 Posts.
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    Can't see how get a trading halt for that. No news? Very temporary expansion for Mashalla payments. That's about it. May sell the whole of CCL so I guess a step closer to it all being over. I agree on the multiples of mkt cap. Seems to be meaningless given that could easy result in zero equity value for Aussie holders. Unless they mean an offer that would result in multiples of share price which I doubt. The range of the offers is the only sensitive information justifying a halt and they haven't disclosed. Only in Australia would anything like this happen.
 
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