australian stockbrokers - wake up!, page-126

gefi,
Not rubbish mate, its a point of fact. In Australias highly regulated retail investor market you are going to find it extremely difficult to get a broker to recommend investment in a stock such as ccc. Without someone footing the bill to fly analysts over to SA then writting the reports and all the disclaimers that would have to go with it.Too much risk for the client and too much for the broker under 'know your product' legislation, the only winners are the proprietary traders of the brokers, leaves them to suck the life out of mums and dads.
NCR have obviously worked the phones well and told a good story and the carrot of a large cap raising that the brokers may get in on at a later date for construction of mine. Fact of life, part of doing business.CCC will get there but only after a few quarters of good cash flow and mine development progress,and be prepared to be played by the traders in the meantime.
cheers roidz