Where are the Shareholders?, page-6

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tigmeister

14,064 Posts.

140

08/02/15

14:41

Post #: 14717429
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Originally posted by Lou222 ↑

Oooger Booger

Just to be clear, you are right you will now own about 14 times less of the company than you did before trading halt, however what you do own is also going to be another 14 time lower in value when it re-opens at 0.001. That will give for every $14 on the market implosion $1 left and then after that that $1 is now being diluted by 14/1 so that leave you??

So if you think 7c from every $14 you had before the suspension is worth holding on to and eating humble pie, then boards and Management would love shareholders to just like that. Just to be clear on that maths, which is correct, for every $200 you had, it is now worth in equity against a 68-78 million dollar company.

Just to be clear, COCKATOO MANAGEMENT have turned every $200 of shareholders money into $1.......

Not even the best magic trick or robbing a bank can achieve those returns, Maybe Andrew Larson should be the next tax commissioner, as at a 99.5% on every $ we earn, the streets will be paved with Gold

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Is there any Minister for Natural Resources and Mines in QLD as yet, or hasn't even been sorted out yet? Perfect timing for management at Cockatoo.

COK Price at posting: 1.4¢ Sentiment: None Disclosure: Held
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Where are the Shareholders?, page-6

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