COK cockatoo coal limited

I don't understand the SP at these levels. COK has been making...

  1. 38 Posts.
    I don't understand the SP at these levels. COK has been making an operating profit, has a working mine and bankable resource. Has big reserves Surat Basin but needs rail to get it out and relying on Xstrata Wandoan Mine to proceed. It has not performed that badly to fall from 0.44 12 month highs to 9.5 cents 52 week low today. I've been a long time supporter but might need to bail soon at these levels.
 
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Currently unlisted public company.

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