Dissappointing to see this trend down again back to the 18.5c support level. A victim of the current resources market in general over the last week or two.
I still think this is a great value play and one of the few producers that has a large upside with a potential for takeover.
Nice article on Whitehaven and other coal plays in Australia posted today that mentioned COK as a stock to watch.
Anyway, I wait, I hold and look forward to more money coming back into the coal sector in the coming months.
I sold my PDN at a loss today and bought some more COK.
GL
Tymmsy69
COK Price at posting:
18.5¢ Sentiment: LT Buy Disclosure: Held