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1.30%

7.6¢ cokal limited

One answer is easy, the major shareholder and significant...

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ShareJagger

12,250 Posts.

1510

01/08/24

12:50

Post #: 75025584
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Originally posted by regmann: ↑

Looks positive to me but also begs a number of questions so will be very interested to hear from those who are able to attend the meeting this afternoon. For example:
- Why is CKA struggling to scale up and hire/ manage effectively its contractors?. Is it capital or expertise holding them back?.
- Are these larger groups not confident that they can takeover CKA?. Seems at our low market cap this would have been easier.
- Is it the case that the next best strategy to a takeover from their perspective is to work with CKA to make sure the infrastructure gets developed for all parties benefit?
- is the point of the extended payment terms mostly to get us through the dry season?

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One answer is easy, the major shareholder and significant shareholders would not sell.
Petrosea is teir one miner. Current is Teir 3 miner
prior was not in the teir class
extended payments, no Petrosea had to offer for CKA to accept.

CKA Price at posting: 9.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.6¢		Change -0.001(1.30%)		Mkt cap ! $80.92M

Open	High	Low	Value	Volume
7.8¢	7.8¢	7.4¢	$5.566K	73.92K

Buyers (Bids)

No.	Vol.	Price($)
3	69693	7.6¢

Sellers (Offers)

Price($)	Vol.	No.
7.8¢	100	1

View Market Depth

No.	Vol.	Price($)
2	43345	0.076
1	128522	0.075
2	267000	0.071
3	177700	0.070
1	73529	0.068

Price($)	Vol.	No.
0.078	100	1
0.079	101805	1
0.080	200000	1
0.081	312804	2
0.082	200000	2

Last trade - 11.14am 11/10/2024 (20 minute delay)

CKA (ASX) Chart

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