CCC continental coal limited

Ann: Reinstatement to official list, page-8

  1. 4,863 Posts.
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    After another look at last years report, their borrowings are pretty close to, or seem to exceed the USD 75 mill sale price.

    I don't expect there will be much in the kitty after the dust settles (my opinion).

    And the sale isn't a completely done deal yet, although it looks probable. But I hope it hasn't re listed so some can recoup a bit of the huge losses that must have been made (and I'm not thinking of retail investors here).

    So still risky even at these levels.

    As I said....a gamble.

    Milesy
 
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