CCC 0.00% 0.1¢ continental coal limited

Ann: Financing Update Underwritten Rights Issue to raise A$35.1m, page-12

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  1. 223 Posts.
    Well we all know this is a ugly bunch and getting uglier by the dollar but I'm hedging my bets that there will be a pump and dump as the good old boys that have placed this money will want it back with lots of profit they know this company is worthless and it’s just a feeder of the markets as such I expect a pump and dump within 3 months or sooner so they can cash in and leave the suckers buying worthless shares.
    In order to do this they will beat the Drum after all it won’t take much to double your money at 0.005 so it’s a set up from the start.
    Last chance for me to bail with my socks on at least!! The shirt and pants have already gone.
 
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