You have to let the haters hate. Peter Landau at the AGM said "it's not pretty" they managed to extend an $8mill debt, and finally settled a transaction 3 years in the making. After that AGM CCC was a gamble, not a trade IMO. They also got smashed on costs, continually overpromised, and did not plan for s coal price slide.
I have had my finger on the sell button, but since then I have not seen any of the actions that got us here.
The assets were good, but the management was not great
That being said if you're a sell on CCC constructive comments, not BS 1 liners are the way to truly share with holders.
For most CCC needs to go X 8 for a lot to break even.
I am holding until mashala, and will consider buying if the next 2 months show's reliability and honesty from board
All in all, I'm glad I held (from memory "it's not pretty" came at 7.5c), and I am enjoying this ride
Webk
CCC Price at posting:
7.9¢ Sentiment: Hold Disclosure: Held
