CCC continental coal limited

share consolidation will proceed , page-25

  1. 5 Posts.

    the problem I see isn't the share consolidation - the problem is that mgmt keep issuing shares to pay for things and this is the reason CCC needs a consolidation

    shares on issue
    - 30/6/09 446 million
    - 31/3/10 1.1 billion
    - 31/3/11 3.07 billion

    CCC = USD keep issuing new units and look what happens to their price lol

    sure those shares have been used to buy investments beneficial to the company but at some stage it has to stop

    i think a consolidation will be positive but only if mgmt stop issuing new shares

    my 2c

    disc: holding and hoping
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.