Agreed! I’m glad I sold 3/4 of my stack before this announcement.
I believe IKW has been suppressing coal deliveries over the last 6 months or so, basically since the coal price went through the roof. To keep there company value low as this delisting was planned. Super obvious in my opinion!
what if I decide not to sell my shares?…..do they become worthless?
I believe IKW will do extremely well going forward. They are literally positioned to go gang busters from here….. and to offer $0.43 a share with coal at $250 is criminal.
IKW Price at posting:
46.5¢ Sentiment: Hold Disclosure: Held
