CCC continental coal limited
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9 for 1 rights issue at 0.005? So the shares on offer will go...

  1. HarajukuIsland
    3,140 Posts.
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    11/08/14
    13:07
    Post #: 13799279
    9 for 1 rights issue at 0.005?

    So the shares on offer will go from 700 mill to 7 bill.

    = CCC will get 35 mill cash injection and shareholders will be completely shafted.

    How much debt does CCC have right now? Sifting through financial statements I can't find a figure.
    CCC Price at posting: 2.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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