COK cockatoo coal limited

Bit of reading while we wait ., page-5

  1. 82 Posts.
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    Asteroider,

    We done on your post, that is exactly where all this is headed. The compounding late shipments, late rail uptake and the drain on being an owner so to speak of WICET is far to great to Cockatoo. However the board and Management have a lot to answer for and this suspension from trading I think is a joke. Where is the fully informed market, they hid behind the suspension saying while the market cant trade they dont have to be fully informed. The Corp Act imply's you have to keep the market up to day, does not say you can hid behind suspension.

    Very cheap to pick these Assets up and COK faces either a take over at a discount, vol admin/admin or significant dilution which is essentially a admin sale but trying to make out it is not, to save face for the board and Management for their monumental failure's in the last 2 years.

    Not going to be a bright new year at all for COK.
 
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