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0.0¢ cockatoo coal limited

I was at ~16m shares (Av, 1.4c), now ~31k (Av, $7.10). This was...

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T1243

496 Posts.

24/11/16

11:20

Post #: 20851064
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Originally posted by Crinumstarter ↑

BCL is confirmed as the new code - see http://www.asx.com.au/prices/company-name-and-asx-code-changes-2016.htm
With the seven largest shareholders holding 91% of the shares (and the 2 largest 80%) - we are rather in their hands.
My forecast is that it will hang sround the $1.50 to $2 range - but I am the eternal optimist. At $1 per share, 85% of shareholders have less than a marketable parcel.

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I was at ~16m shares (Av, 1.4c), now ~31k (Av, $7.10). This was my high risk segment of the portfolio, and could well remain so. Anything below $1 and I and a few others will be keen to snap up. So I will be keen for the shorters to "have a go". Best of luck my wary colleagues, may your courage be rewarded

COK Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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