CCC continental coal limited

The last 10-1 reverse split 10 months ago in August 2011 was...

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    The last 10-1 reverse split 10 months ago in August 2011 was executed at a share price ~4 cents that was ~20% discount to market.

    I reckon doing the 10-1 reverse split this time should be ~8 cents and done soon with a significant capital raising which would represent ~20% discount to market today and stabilise the share price and bring in cash.

    What do other posters think?
 
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