COK cockatoo coal limited

Equity raising is an option but I don’t believe they’ll be able...

  1. 1,740 Posts.
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    Equity raising is an option but I don’t believe they’ll be able to raise sufficient fund for current gap.
    Asset selling is a solution as well problem is if there will be genuine buyers?
    Other punters like Chinese/Indians

    To me, I still believe POSCO will stand up buying some more stake in company for very simple reasons: 1. They need to secure resources for further development . 2. COK is a cash generator in next 2-3 years; 3. Most importantly, COK is cheap!

 
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Currently unlisted public company.

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