COK cockatoo coal limited

monday's action with cok, page-2

  1. 1,099 Posts.
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    Well this stock was 14c a few months back. So I don't see a reason why it can't be back there this week.

    I think the recent sell down could be for a few reasons: people worrying about our financing situation, stop losses being triggered, panic selling and manipulation of the SP (in regard to accumulation of shares and/or takeover at a cheaper price).

    The announcements on Friday confirmed that we have a quality asset.

    The market will re-rate COK which will see the SP well North IMO.

    Monday's action should see us around 11-12c IMO.
 
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