COK 0.00% 0.0¢ cockatoo coal limited

peterson change to buy from hold, page-4

  1. 1,654 Posts.
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    I dont hold but I follow this stock. With SK networks expected to sign a final binding agreement for the placement before the end of this month does anyone think this may flush out a rival takeover bidder to prevent SK Networks getting 40% control. Reminds me of TTY last year when Noble planned to do something similar with a placement and it flushed out a SA bidder for TTY which then forced Noble make a counter full takeover higher offer. Watching with interest before the SK deal is done.
 
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