COK cockatoo coal limited
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spp, page-5

  1. Oracleyoda
    1,059 Posts.
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    02/01/14
    20:46
    Post #: 12761146
    Why would anyone buy at 4.5 when you could buy on market at 3.7/3.8

    If I recall the SPP was underwritten, so the underwriter will be picking up the slack above market.

    This in mind, it feels like a good deal below 4.
    COK Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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