COK cockatoo coal limited

dwindling sp, page-8

  1. 6,457 Posts.
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    I agree nothing to worry about, in fact it's amazing it took COK this long to follow the rest of the spec miners and tank.

    For months we've had a SP pretty much flat while other companies have been slowly wasting away. I guess COK just caught up with a vengeance these last few days.

    COK will pick up when the broader market does, and that could be a while yet. Bad news needs to stop flowing from the US and EU and the Aussie dollar needs to drop a good 15c before our market will improve IMO.

    If it drops enough, it could be a good buying opportunity. But it's still too high for me at the moment.
 
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