CCC continental coal limited

break of the downtrend?, page-49

  1. 453 Posts.
    Huge,

    I agree.

    I am a top 10 options holder and my life savings are worth virtually zero.

    At 0.007c per option, seems very tempting to keep buying to average down, but do not have the courage to do so, as when they expire they will be worth nothing anyways, no matter how cheap they are now.

    JB sent me an email two months ago, when I asked him about what happens if they expire and he told me that a decision would be made in November, aas they wanted the options in teh money by October this year.

    Will not happen.

    My understanding is that they will do a rights issue at a discounted price, but we will have to paid more $ to get them.

 
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