CCC 0.00% 0.1¢ continental coal limited

coal demand at a 24 year low, page-12

  1. 1,950 Posts.
    Big call on averaging down at the moment again Paps. They have too much time to do damage considering pen is still a while away.

    I'm thinking they can get this beast into the .05-.06 before then and possibly run it upto the 15-20cent region for the botswanna pump.

    I'm thinking the funds either want cheap shares ready for this possibility or
    Someone keeping a lid on it for a sneaky takeover.

    If penumbra dosnt turn things around and the share swapping continues, I would be happy for CCC to raise some money and put the money in the market and just sit there at 10cents.

    Just don't know off the top of my head how it can be down without hurting more holders.

    Maybe the top100 holders or so can raise the money and have the shares put in escrow. We just need a wall there to stop there turning of stock at these levels.

 
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