CCC continental coal limited

rbo: no buyback, page-7

  1. 2,132 Posts.
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    The consolidation had no impact on the value of shares outstanding. A buy back does. You can't compare them 5hareholder.

    Isn't CCC itself a producing asset that can product more than half of its value in cash per annum? Could be argued. Depends on what you call cash flow. I thought you would have learned that by now after valuing CCC at what, $1.3b or something. Its 5pc of that now and still think they should chase dreams rather than buy the shares if they could.

    I can see why PL and crew act get away with their actions when I read some of this stuff.
 
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