COB cobalt blue holdings limited
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Nice to see some more conciliatory comments around. On COB's...

  1. philh9
    11,886 Posts.
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    01/02/19
    14:33
    Post #: 37300673
    Nice to see some more conciliatory comments around.

    On COB's part I thought this would take a few months to sort out. Nice to see a probable additional $4m facility on the books come the General meeting in March, fortunately this only needs 51% I recall it fell short at the AGM which required 75% still only missed by only 4%. One would expect if they did need the cash it's ready waiting for up-take by investors that are not related parties ofthe Company. Everything is out on ASX announcements so far, just waiting on what ownership COB say BPL owns prima facie.

    Time will tell.

    Cheers
    Phil.

    Mind you if it carries on like this the bills are going to be more than the debtors MC.
    Last edited by philh9: 01/02/19
    COB Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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