CKA 2.25% 8.7¢ cokal limited

private placement at 36% premium , page-12

  1. 5,175 Posts.
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    Damn right messy,

    I can only reiterate what you are saying.

    And that is, for pity sake people, if you have shares in this company just do yourself a favour, sit back, chill out, watch the ups and downs and HOLD for a year at least and you will receive some great profits.

    Some big money from Melbourne coming in today, now who could that be?

    But this is just the start, the projects in Kalimantan next to BHP Coal should be huge, but check out the Tanzanian coal.

    Cokal are presenting themselves as a Global Coal group, I am expecting some more very big acquisitions and JV's around the world.

    These guys have messianic ambitions. They are all former high powered Coal executives from Global companies, managers, geologists etc.

    Give them their head, they know what they are doing a thousand times better than anyone else.

    A huge result today with Capital Investments paying a 36 percent premium to the 7 day VWAP for the privilege of investing in Cokal, (oh man, how often does that happen?). That is 12 million for CKA to invest.

    Great to have Capital on board, these guys do not invest to get a 10 percent return, it's 200 percent and more.

    This stock could be the next RIV, and in reasonable time. It would not surprise me to see them at $10 within 2 years, and that is not long for a 20 bagger.

    I will be around for the next 2 years (sitting on my 22 cent options, exercised of course), and good luck to everyone who is set.

    Gw
 
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Last
8.7¢
Change
-0.002(2.25%)
Mkt cap ! $93.86M
Open High Low Value Volume
8.8¢ 8.9¢ 8.6¢ $41.88K 479.1K

Buyers (Bids)

No. Vol. Price($)
1 3420 8.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.9¢ 10228 1
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
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