CCC 0.00% 0.1¢ continental coal limited

rjaadave.........There was no price consolidation from what I...

  1. 1,137 Posts.
    rjaadave.........

    There was no price consolidation from what I can see.

    I would have to do more research though. However, in 2000 RIV was much higher than it is now. 15/3/00 $21.39.

    In March 2004 it dropped to a low of 14 cents

    Then in October 2004 during the days trade it reached a low of 29 cents.

    From $21.39 down to 14 cents.....Need to research to see what went on apart from the global recession.

    Much like I've said about CCC though.....Don't just rave about high's after a record low. See what it's trading average was and what company movements effected the market sentiment at the time.

    I know one thing......It would have been nice to buy at 15 cents or so.

    I would just be reviewing CCC though, if that's your interest, as CCC certainly has a great CEO Don Turvey at the helm and is moving consistently in the right direction for long term holders.

    Have a great day

    Cheers
 
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