CKA
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3.19% 9.1¢ cokal limited

At the AGM, the chairman indicated that he thought a few...

  1. regmann
    332 Posts.
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    18/12/23
    16:43
    Post #: 71510987
    At the AGM, the chairman indicated that he thought a few quarters of positive cash flow would be needed to restore the market confidence and the stock price. So that is the thinking at board level for what it is worth. Maybe this reflects discussion with major shareholders but I really don't know. Arguably it is healthier for the share price to respond in alignment to real progress in revenue over time.
    CKA Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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