CCC continental coal limited

KentonI think you would have to agree that volume has been low...

  1. 128 Posts.
    Kenton

    I think you would have to agree that volume has been low at these levels indicating that the sellers are staring to fade away. I think you will find accumulation is happening and with the Directors alluding to a diversification of assets away from SA at the AGM maybe there is a new acquisition on the table in another country.

    With all of the positive news coming out on CCC and not to mention the fact that the company has had an enormous amount of growth over the past 12 months the stock will be re-rated.

    Just look at some of the recent brokers reports indicating 56c per share target price.

    I believe average down now reap the rewards in 2012
 
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Currently unlisted public company.

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