The problem with consolidations is they just allow the market cap to continue to fall, just take a look at AON and FML who have both gone through a consolidations. No happy shareholders there I can assure you. COK is in survival mode and is desperate for coal prices to improve (like all coal miners), they might survive if the coal price improves or they will go broke waiting. No good news I'm afraid.
The problem with consolidations is they just allow the market...
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