Interesting post muppet655. I'm prepared to take JB's buying on face value. I think it is a significant outlay. He's not been paid a fortune by CCC in cash terms has he? Only in shares/options that turned out a bit worthless. There have been huge consultancy payments but no evidence any of that went to him. He has exaggerated the story from the beginning in my view. So does he as you say "believe his own hype". I lean that way. Or is there real value here as some still think. A lot comes down to the numbers. If they could explain how Ferr and Vlak generate $25m cash at current coal prices (well say at $110) and why that doesn't seem to be reflected in the accounts, that would be significant to me.
Interesting post muppet655. I'm prepared to take JB's buying on...
Add to My Watchlist
What is My Watchlist?