COK cockatoo coal limited
Add to My Watchlist 0.00% ! 0.0¢

posco takeover game of cat & mouse ? , page-3

  1. Matt747
    10,494 Posts.
    clock Created with Sketch.
    25/04/12
    18:04
    Post #: 10031706
    Good luck MD. I also bought more.

    I am inclined to think that SK has left this void for Posco to make a move. And this could happen pretty soon. I will definitely not accept a low ball bid.

    My theory is not unlike Arcellor Mittal coming in to make a joint bid with for MCC only to pull out allowing Peabody to buy out MCC entirely.

    Posco sold their 7.5% stake in MCC for $350M. Current market cap of COK is just $284M.

    The SK injection was worth $313M.

    Food for thought.
    COK Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Austral Resources to Acquire Rocklands to Transform North-West Queensland Copper
right-arrow Created with Sketch.
NEWS Drilling Commences at Leinster South Project in WA
right-arrow Created with Sketch.
NEWS Outstanding Drill Results Define New High-Grade Iris Zone at Apollo Hill
right-arrow Created with Sketch.
NEWS MTM Successful Uplisting Commences Trading on OTCQX Market in US
right-arrow Created with Sketch.
NEWS Diamond Drilling Expands Scale of Fiesta Copper Project After Intersecting Mineralisation
right-arrow Created with Sketch.
NEWS R&D Tax Refund of $5.8M Received by Imugene to Support Clinical Development
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.