CCC continental coal limited

If CCC finishes below 50c come Feb 2013 then they are worthless...

  1. 2,681 Posts.
    If CCC finishes below 50c come Feb 2013 then they are worthless - unless there is an agreement to extend the life of the options, for which there are a number of precedents. There will likely be a re-issuing fee attached, and probably a facility for CCC holders to participate, perhaps in a rights issue to buy re-issued options.
 
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Currently unlisted public company.

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