COK 0.00% 0.0¢ cockatoo coal limited

cockatoo&carabella ?, page-10

  1. 6,294 Posts.
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    Also worth remembering that we received $40M in the last quarter for the sale of 49% of Woori and it didn't even make a dent in the financial statement.

    $31M from Wiggins would make even less of a dent. This company needs $300M, not 30.

    But I agree with doctornoh, this management has a good track record of making impressive deals with their contacts in Japan and particularly Korea, and the SK deal would have been a great one had it come off. That it didn't was no fault of COK's.

    You can bet they are working hard behind the scenes to finalise a replacement. It's just very difficult for them when the SP is trading at a third of the offer price of the failed raising.
 
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