COK cockatoo coal limited

I'm not a FA or TA or know much about mining for the matter but...

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    I'm not a FA or TA or know much about mining for the matter but I like to make a note about the 12 month price chart.
    From a high of 46c back in February 2012, COK's price fell to a low of 11c in September 2012. Along the way there were several small up trends but the price continued to fall.
    In October 2012, we saw a significant up trend and saw the price go from 11c to 20c.
    Since then the price has steadily fallen to 16c and of late we have seen a sideways movement at 16c and low volumes.
    I'm guessing that we need a very positive update to get COK breathing again.
 
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