COK 0.00% 0.0¢ cockatoo coal limited

coal stocks boom except cockatoo, page-26

  1. 10,843 Posts.
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    COK might not be an imminent "takeover target"; because the last time that I checked; the 5 largest shareholders owned about 50% of COK; so in a way COK has been "taken over" already. From memory the 5 largest shareholders; included Korean interests; Postco etc; and these shareholders might have their own long term agenda for COK; rather than having an agenda of "tidying up the farm getting it ready for a sale".

    Lookcarefully,

    That is the crux of the situation of COK currently. Perfectly summed up imo. What a purler of a scenario for the patient ones. Must be nearly time for some sp action. Multiples to be had here surely with WICET approval.
 
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