CCC 0.00% 0.1¢ continental coal limited

if bhp billition sells, will ccc buy ?, page-6

  1. 7,163 Posts.
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    Well dott ,you may be right .Maybe thats the perception of some ,and I think some posters on HC have exaggerated and perpetuated this perception of potential further dilution with little basis ,except to point fingers at the initial company making Mashala deal and associated capital raisings that went with it .

    That was a one off ,and was necessary for CCC .

    CCC have had companies knocking on their door to do deals since Mashala .It may happen that something too good to refuse comes along .

    In that case I am sure management will be extremely mindful of the affect of a cap raising .I also know JB is just as frustrated by the share price as the rest of us .

    I cant categorically say that there will be no more raisings ,but I am confident that if there was ,it would be for something special that adds many times the value of its cost .I also dont think they would consider any such deals while the share price languishes at these prices .It defeats the purpose .The directors will make mega dollars ,but only if the share price rises up in the 20s and above .They will be keen to add value ,not dilute .
 
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