daytrading march 12 morning, page-33

COK read ann surely this is going to have to move more

SK Networks to invest A$313 million in Cockatoo via a placement of shares to increase its interest in Cockatoo to 40%1
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Placement priced at $0.535 per share representing a 47% premium to the last closing price of Cockatoo
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Placement proceeds provide equity funding injection for Cockatoo’s medium term infrastructure and project development commitments and to repay debt
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Placement expected to be implemented by the end of June 20121
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SK Networks has agreed, subject to formal documentation, to provide a guarantee for a A$150 million loan facility proposed to be provided by KEB Australia Limited and other