Just remember the capital raising done not long ago was at 40c and we are 50c plus, so considering that, it's not all that bad, the SP has held up well.
I think there is some accumulating going on, where there is a seller, there is a buyer.
I was recommended this stock years ago by someone in the know and that's all i'm gonna say. They say things are moving along well atm. Buy this share and leave put it in the drawer. Target price $2 by the end of 2011.
p.s. POSCO is their largest shareholder and they want coal.
Interesting times ahead.
GO THE COK!
COK Price at posting:
53.0¢ Sentiment: LT Buy Disclosure: Held