COK 0.00% 0.0¢ cockatoo coal limited

Ann: $125M Recapitalisation to fund Baralaba Expansion Project, page-17

  1. 9,102 Posts.
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    Overall way discounted to what I expected , not happy but still better then zero ,Nobles taking a great avantage of COK @ current situtation , yes COK will be around next 5yrs once fully funded ,ANZ deal was also pretty much same outcome ,@ 76b share Mcap sit around $134m which is ok and undervalue for a company producing 5mt in several years with infrastructure in placed, comes down to pci prices imo. Not sure how SK fits into this ?consolidation needed asap ...!

    Happy to add my name to a 249 D or 249F .


    Well Noble , SK, and Harum are pretty much wiped out as well from the $100m they invested @ .05 last year.

    Anyway lets see how this plays out , selling@ .002 pretty much ridiculous and only handing over shares to Noble and playing there games , pretty much cok has become long term hold for now.
 
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