I don't know much about CCC other than it last traded at 2c......

I don't know much about CCC other than it last traded at 2c... The SPP @ 0.5c fully underwritten seems like a good chance to recoup some of your loss. I would go for it and perhaps off load it in the 1st few days of trading... The only concern is your fund may be locked on for a while if tthe CR is to drag on... G'luck



Non-renounceable pro-rata rights issue to raise circa A$35.1m at an offer price of A$0.005 per new share (“Offer”)
• The Offer will be fully underwritten with an underwriting agreement to be executed prior to lodgement of a prospectus in respect of the Offer (“Prospectus”)
• The Offer has received strong support from institutional and sophisticated investors in Australia, Europe and South Africa as well as a number of commodity trading groups and specialist coal mining investment funds
• A priority sub-underwriting agreement in respect of $25m of any shortfall under the Offer (“Shortfall”) has been executed and general sub-underwriting agreements for an additional $10.1m of the Shortfall also having been executed