CCC continental coal limited
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When the SP started creeping around the 6-5c mark the management...

  1. Bosanceros
    16 Posts.
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    27/06/12
    10:57
    Post #: 10357758
    When the SP started creeping around the 6-5c mark the management considered the consolidation – 10/1 bringing the SP to around 60-50c. By the time it was fully executed the price hit around 40c from memory.

    IMO this was done to be compliant for whatever reason -banking, ASX, hedge fund...

    If that was the case then I can see another consolidation happening very soon.
    CCC Price at posting: 8.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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