Myke,
It is my personal opinion that everything is in order. I think I remember that you have Indonesian experience and therefore know what is going on with the somewhat unmotivated and manipulative Indonesian government employees.
Cokal management don't seem to know who is forcing the share price down. I think they should come out and say to market that they expect approval by xx date.
What the manipulator is doing is forcing price down to a point where the announcement of approval of forestry and finance will not give the bounce that is warranted. If we were at 14 cents I recon that the bounce would be to 20 cents. But from these suppressed levels it may be a whimper instead of a bang.
Let us start buying. The manipulator seems to have quite a lot of shares to get rid of or on loan to short but is you look back since the pressure began, the $ value is chicken feed.
So that is my opinion. Let us remain positive.
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CKA
cokal limited
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Last
2.9¢ |
Change
-0.001(3.33%) |
Mkt cap ! $31.28M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 2.8¢ | $10.58K | 359.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 166666 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 0.029 |
1 | 14470 | 0.028 |
1 | 240000 | 0.026 |
1 | 75000 | 0.024 |
3 | 375000 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 166666 | 1 |
0.031 | 35000 | 1 |
0.034 | 93000 | 1 |
0.035 | 221731 | 2 |
0.045 | 78000 | 1 |
Last trade - 16.10pm 14/07/2025 (20 minute delay) ? |
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CKA (ASX) Chart |