CCC 0.00% 0.1¢ continental coal limited

action day tomorrow 29/7

  1. 10,843 Posts.
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    Much has been said about the outcome of the Trading Halt on Continental Coal which should end tomorrow.
    To my surprise talk of a cap raising has surfaced which leads me to believe,

    1)Any acquisition will be positive if dilution is required and
    2) Dilition/funding may mean a large aquisition.

    Either way dilution or not I think the end of the week will see a significant increase in the SP. Reason: Even with the postulated dilution the SP is cheap if we model growth but the opportunity for a gain from the aquisition may rerate this stock very heavily over short medium and LT. Take a look at D & D report. That is what may be in line.
    What do all you ccc holders think?
 
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Currently unlisted public company.

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