COK cockatoo coal limited

rated a buy

  1. 375 Posts.
    http://www.thebull.com.au/premium/a/26865-18-share-tips---19-march-2012.html

    Cockatoo Coal (COK)



    Chart: Share price over the year to versus ASX200 (XJO)

    This coal explorer and producer has agreed on a $313 million placement to South Korean company SK Networks at 53.5 cents a share, a 40 per cent premium to the closing price in early March. A placement of this size will provide COK with sufficient funds for future projects, so it shouldn’t need to raise any further funds in the medium term.

 
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Currently unlisted public company.

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