A nice little summation of how we will probably see CCC work its way through this residual placement overhang Certa.
It will be hard work for a little bit yet but these big brokers/instos know full well there are some very inexperienced traders out there(the trackydack fraternity as you so eloquently put it!)and as CCC sloshes from one pair of trackydacks to another CCC will gradually find itself in more experienced fundamental investor hands.
Those that have patience and FULLY understand what CCC are up to and what the thermal coal market is doing will be the ones to take maximum gain.
d.
CCC Price at posting:
80.0¢ Sentiment: Buy Disclosure: Held