The market factors in large placements to "sophisticated"...

The market factors in large placements to "sophisticated" investors. I'll be topping up at 6.2 or 6.1 in the next two months. In the short term CCC is going nowhere.

I like the share on fundamentals.

What I dislike on principal are discounted placements to a select group. I'd be happy to see the practice of share placements by public companies to "sophisticated investors/institutions" legislated against. It smacks of favouritism to an elite group or easy money for "the boys". If you want to raise capital go to all shareholders on an equal basis.