CCC continental coal limited

re: Ann: Interim Financial Report and Appendi... Smart move...

  1. 482 Posts.
    re: Ann: Interim Financial Report and Appendi... Smart move Thorin, the 10K holders would be wishing they were in your shoes. Regarding Vanmag that's been ongoing since 2009, the goal posts keep stretching. I doubt anybody believes this Management anymore. I found the below to be of particular interest in the Half Yearly...80M shares or 18.6% of dilution to existing holders given to consultants...& lenders...mind you this is for a 6 mth period....

    If new options are given to existing holders as per previous announcement & there is a 2 year timeframe...until expiry..@ 50 cents conversion....one would doubt CCC SP will ever reach 50 cents....as Management prefers to issue new shares...

 
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