cok to rocket : abbott point scrapped, page-18

PS, don't be so pessimistic. Lots of thing can happen in half year. The market tune can change very quickly
Macro:
- Greece stays in EU
- EU focuses more on growth
- China looses monetary policy to protect growth
- possible QE3?
Micro:
- COK resources upgrade
- Rail secured
- BFS completion(we will have better idea the value of Balaraba)

I am not saying all of above going to happen, but it's unnecessary to exaggerate the fear and worry too much about the dilution at this stage. we have the right people and quality resources. Management bought heavily into the company and bind their fortune and wealth with the company. Time will tell.