CCC 0.00% 0.1¢ continental coal limited

share consolidation, page-2

  1. 3,312 Posts.
    lightbulb Created with Sketch. 39
    watch the talk about it decrease as the SP increases.

    People wrongly believe number of shares matter to the movement of the share price.

    This is just wrong.

    Good investors wont care about the SP, just the quality of the company.

    At some stage they may do it, atm I'm sure management is too busy to worry about such a pointless endeavour. Getting bigger investors on board by selling them a story is a much better week's work than organising a consolidation of share.
    Spending a million on mine development is a much better million spent than on consolidating the share.
 
watchlist Created with Sketch. Add CCC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.