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Coal Of Africa

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WES
Super Contributor
CZA has dropped 41 % in the last three months. I have read that shares were issued to existing directors at no cost in terms of employment benefits and options that they had, the effect was a dilution of 10 % of issued shares, why this massive drop, any comments please
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2 REPLIES 2
Not applicable
Good grief man, were you honestly expecting the price to go anywhere else? reporting turnover growth and soaring operating profit - but plummeting net profit? Export coal volumes in decline, and the price of export coal plummeting, and their flagship mine still being flagged with environmental concerns?
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WES
Super Contributor
Uhhh.... thanks skaaptjop.....sorry man, I am a not a full time trader/investor, that why placed the post...
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