CCC 0.00% 0.1¢ continental coal limited

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  1. 2,515 Posts.
    Hi Trime61

    Have to totally agree with you.

    If this goes through present shareholders get less than 13% of the company if only Underwriters take up the issue.

    I can see no reason that shareholders would want to throw away more funds

    IMO this is about management getting practically all of the value of the raising

    This company has never been any good for long-term holders

    IMO its about to get WORSE.

    The amount of money that goes to "manage" this company is OBSCENE

    If the company goes belly-up at least it stops the loss of more shareholders funds.

    And stops newbies being stripped of savings

    RB
 
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