CCC 0.00% 0.1¢ continental coal limited

Here is why and sequencing of events:11/07/11 - $10,000,000 for...

  1. 1,071 Posts.
    Here is why and sequencing of events:

    11/07/11 - $10,000,000 for 234,962,406 + 117,481,203 Options (pre consolidation)
    Between 01/07/11 - 21/10/11 Sell's (25,943,580) - for $7,649,700 @ average of 29c
    25/08/11 - $10,000,000 for 279,017,857 + 139,508,928 Options (pre consolidation)
    27/09/11 - 6,265,664 Shares for free on re-pricing
    15/11/11 - Now has 31,720,110 Total holdings
    16/11/11 - Exersises options - 14,880,953 for $4,285,893 @ 28.8c (Free repricing share options of 3,132,832 + 11,748,121 Warrant options)
    16/11/11 - Now 52,626,907 Total holdings

    Total Investment - $16,636,193 for 52,626,907 Shares @ 31.6c Avarage
    Still 13,950,893 Unlisted Warrant Options repriced from ($0.4122) to ($0.368, exp. 23 August 2016)
    No more repricing triggers valid and still considerably down on their initial investment. I think people need to get over the whole debate.

    However, based on the above investigation I have a few questions - to follow on a different post.
 
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.