CKA 1.11% 9.1¢ cokal limited

Ann: Quarterly Activities Report, page-134

  1. 11,824 Posts.
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    The meek shall inherit the earth.
    I have not seen the games played in the auction period for a very long time.
    In the end the shares bid for 5.8 was withdrawn leaving the downward manipulator with a few unsold shares.
    Patience will most likely be rewarded.
    It is really the finance deal structure and the size of the reward that is uncertain. It is fact (IMO) that there will be a deal.
    Aahana has too much money in the pot.
    In effect, every time they screw a $1 out of Cokal, they screw themselves for 25 cents. (after they cash in the 37.5 M options)
 
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