COK cockatoo coal limited

what does 2014 hold?, page-3

  1. 2,558 Posts.
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    "Why then does no-one seem positively interested in the SP when this appears a good news story? Is it just Blackwood 2 for 1 investors bailing out? 4 and 5 million shares are exchanging hands each day, but the sellers very much have the running. The big shareholders wont be selling, long term COK shareholders would be holding having been through the pain, management is buying, so who is off-loading?"

    I reckon it must predominately be the Blackwood share holders bailing, like you pointed out the main investors won't be selling. A 3 year wait is nothing in the scheme of things and I have the patience to wait it out. I've put in another buy order at 3.5cents to do some mopping up of disillusioned Blackwood shareholders bailing after their COK shares appear in their holdings. I think once we put behind the BWD purchase(hopefully completed by the end of this month) and the rest of the disillusioned have bailed we will than get some positive share price action. Looking back in 3 yrs time these prices will seem like an absolute gift.
 
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