CCC continental coal limited

We, meaning most of us retail shareholders or mum& dad know...

  1. 1,981 Posts.
    We, meaning most of us retail shareholders or mum& dad know nothing. The recent rally & reason for it, who bought it , what was the purpose, we don't know it. We can only guess. My guess is there will be some sort of investment or asset sale which will be good for the company. Someone is grabbing cheap. I expect such rally within this week & next week (if insiders know something) ,when we are due for some sort of update.
    everything revolves at 30th Sept as like we can't start drawing ABSA funding until 1st Oct, Mashala payout might be postponed to feb2013 depending on what we get on 30th Sept.
    So I will be waiting for 30th Sept no matter what.
    What can be worse now losing remaining 5% after losing my 95% or get back 15-20%. I will eventually be losing a lot but will wait until 30th Sept.
 
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