COK cockatoo coal limited

what's the go?, page-2

  1. 2,558 Posts.
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    1) A lot of uncertainty in the general market.

    1) Possibly ex BWD share holders taking the opportunity of extra liquidity to exit at significant losses.

    3)Share holders selling to meet expenses.

    Check out the course of sales and look at 12:00:43, they took 2 million in one chunk at .033cents. Wish I had 66k laying around, instead I had to settle for 100k shares at .032 not long after open.
    I know it sucks when you see your investment only going down, but I believe we have to follow the big money, they were happy to back this mine at much higher prices to the current one and they obviously see value in this company otherwise it would have been allowed to go into administration.
    Once production and sales ramp up the market will be forced to re-rate this company in the mean time I will take the opportunity whenever I can to add to my position.
    I think at these prices it is good value, doesn't mean it could get cheaper but I am happy to fork out my hard earned at these prices.
 
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Currently unlisted public company.

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