at the moment it's a fat wally shorting shares on the open market, the open short interest is now 17m shares, and he keeps adding to that position at lower and lower prices.
The market cap of COK is now lower than the takeover offer on the table for RCI. Are we to believe that RCI's assets are more valuable than COK's? Not a chance in hell! The share price of COK is hostage to the fat wally having an undue influence on the market... just wait for him to start unwinding that position.
COK Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
