CCC continental coal limited

Ann: Half Year Results Deliver for Continental , page-2

  1. 418 Posts.
    re: Ann: Half Year Results Deliver for Contin... ... so almost one million tonnes of coal sold, and net profit was $A2000. Not a typo - two thousand dollars.

    NTA is reported at 27.4c/s. Net assets measured in dollars went up +5%, but in cents/share up +766%? Two full orders of magnitude difference? Even post-consolidation, there's more than a few shares on issue. I think I need to do the math to convince myself on that one.

    On the upside, the summary shows material decreases in the expenses everyone here has debated so hotly (finance, consultants, 'other'). But still spent more on those line items than gross profit for the period.
 
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