CCC 0.00% 0.1¢ continental coal limited

the story so far, page-3

  1. 13,575 Posts.
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    Hi Vege

    Just what the sp does will be determined by where these shares go.

    Sun111's post seems to show that HK/Asian cash seems to like new coal ventures.

    If DJC gave all the shares they are to get to Unsophisticated-sophisticated's and they all came onto market,given recent market volume with CCC, I cant see them lasting long given the company developments now in motion with CCC.

    Id also bear in mind that any such major acquisition,be it a Mashala asset or a partial JV,vaults CCC into the T/O targets of bigger players.Whether the mine assets are too fractured for these bigger guys to take on becomes the issue.It may be that these assets are only attractice to say a CCC as the big guys tend to like big projects.

    But then that suits me if these guys can kick in upwards of 7MT in a few years the sp should be quite healthy by then.

    d.
 
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