good for cok??, page-18

This is quite amazing the last two days, someone is seriously dumping on COK. Todays closing action has been phenomenal, it is as if there is a concerted action in trying to get the shareprice down as far as possible.

My feeling is that we are dealing with a serious player here, whose intent is to get the asset as cheap as possible and then buy out COK in full such as a private equity firm that then will take the company private.

It seems to be the same seller and buyer as there is no change to the top 20 holding, the aim is to spook all other holders in selling.

What I can not understand who holders who know the value of the asset and the current capital value of the company can get so spooked. Even if they sold the farm for chickenfeed ie $200 million dollars, pay out the debt you will still be left over with 10c per share. However that is hightly unlikely.

The other issue is to look at the statement. The company is in serious negotiations with other parties, they will not rollover. They are making a good profit from the existing mine, but most of all by the 30st of June we will have an anser, to think that the company will fold is highly unlikely, therefore this is now the time to accumulate with a potential substantial profit over the next few months.