CCC 0.00% 0.1¢ continental coal limited

I choose the options for leverage because I have a belief in the...

  1. 138 Posts.
    I choose the options for leverage because I have a belief in the CCC SP in the long term

    Consider the two situations:

    $1000 worth of CCCO @ 4.7c = 21276 CCCO

    $1000 worth of CCC @ 7.1c = 14084 CCC

    Let's say CCC gets to 15c and CCCO gap goes even cheaper to its minimum of 10c

    CCCO: 21276 * 0.1 = $2127
    CCC: 14084 * 0.15 = $2122

    So at 15c and 10c, CCCO is already ahead

    How about even later, when CCC is 30c and CCCO is 25c?

    CCCO: 21276 * 0.25 = $5319
    CCC: 14084 * 0.3 = $4225

    That is why I believe people are still happy to buy CCCO if they are in it for the long haul
 
watchlist Created with Sketch. Add CCC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.