CKA 1.15% 8.6¢ cokal limited

Ann: Appendix 3B, page-269

  1. 12,049 Posts.
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    Cannot be there. Has to be Halal. No booze and limited meat selection.
    At least we will get announcements this week. Hopefully Top 20 List amongst them.
    I just hope that the Company makes a statement about the confidence of the major shareholder shown by increasing investment significantly.
    Hard to see price remaining below 5 cents but hard to see ramp up to 7+.
    You never know as there is little declared resistance and one thinks that the accumulators would not sacrifice millions of shares to suppress the price.
    At some stage, they have to press the go button and grab what they can.
    Imagine if they bought enough to get price to 5.5 cents and then started the same stable price regime keeping between 5.3 and 5.7 cents.
    They would pick up 4 to 5 million on way to 5.5 and they shake millions out of wobbly weak holders.
    Lots of games to come.

 
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