COK cockatoo coal limited

Deed of Company Arrangement passes creditors vote

  1. 1,203 Posts.
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    The DOCA was passed yesterday at the creditors meeting 48 votes yes / 4 no

    This means the company, once the DOCA is executed today at 5pm is free to rebuild the company after years of debt and miss-management. $970m of debt piled on by past management will be gone.

    At some point our stock will relist and trade on.

    Let's see how they go this time without the impediments of years of poor decision making and waste.

    Good Luck to all

    RT
 
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