CCC 0.00% 0.1¢ continental coal limited

why is this stock collapsing?

  1. 2 Posts.
    I'm not an expert on the coal market but it seems to be an in-demand product so...what is the fundamental reason this stock is collapsing?

    There can only be one or more of several reasons:

    - Volumes not believed (just increased)
    - Projects considered to be not economic
    - Political risk in South Africa
    - Coal quality poor (see economic point above)
    - Funding issues
    - Company poorly managed
    - Other?

    Anybody got an opinion?
 
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.