Boo,there is only one problem with your letter.
ccc will not be issuing shares for the aim listing, unlike the majority of companies that list on aim.
Shares will need to be absorbed from the ASX as uk investor demand increases.
This can only be positive.
Did CFU issue shares on aim?
ccc is a company in a massive growth phase, and it is unreasonable to take anything from their current production and income to assess what conti is about, and what is their current value.
The current operating mines.,and even Pen need to be put into perspective.They are small. in the strategy for conti, but will bring in dollars to fuel their real growth.
Share prices often dont reflect true value. This is why we see so many multibaggers in sharemarkets,because the will of large professional holders often distorts reality, sometimes for longer than it should.
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