COK 0.00% 0.0¢ cockatoo coal limited

No, the price is the key. There is only really an issue when...

  1. 14,050 Posts.
    lightbulb Created with Sketch. 140
    No, the price is the key. There is only really an issue when they lower the price and issue shares to the big boys at about half the price you or I can get them for, and then the small players retaliate and reduce the price to about a quarter of that again. Of course this stock have already fallen so far as to wipe us all out already.
    The other types of financing was a loan at 12.5% interest, which was quite hefty. I'm totally amazed actually if the company can stay afloat. I guess the big boys in this case (Korean national steel company especially) really do want the company to stay afloat and that's the only reason we are still here.
 
watchlist Created with Sketch. Add COK (ASX) to my watchlist

Currently unlisted public company.

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