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COK cockatoo coal limited

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Management and board, page-2

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Galba

2,345 Posts.

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19/11/15

11:36

Post #: 16431200
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Originally posted by Galena72 ↑

Worth reading my previous posts - and yet, I am still surprised just how quickly this company has fallen into administration.

There is a clear obligation on the management and board to uphold their continuous disclosure requirements. It is very surprising that they made a decision to publish bullish annual report and quarterly commentary, coupled with minimal disclosure on the risks facing the company - when they should have been cogniscant of the financial risks that the company faced.

There are serious questions about the management and board - and if they did something wrong, then they should be held accountable. Shareholders should seek legal advice.

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Also tell me, but why didn't they submit a cash flow quarterly report?? Isn't that not allowed

COK Price at posting: 0.1¢ Sentiment: None Disclosure: Not Held
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Management and board, page-2

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