CCC 0.00% 0.1¢ continental coal limited

clearing the decks

  1. 808 Posts.
    lightbulb Created with Sketch. 50
    The AGM resolutions look like the company is positioning itself for a clearing of the decks to facilitate a change of control.

    The new cornerstone investor who takes the 19.9% will want board resignations and will want its own management in place.

    Hence, the quantifying of all outstanding monies to existing directors and related 3rd parties.

    Can only be good
 
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Currently unlisted public company.

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