CKA 5.88% 8.0¢ cokal limited

Thanks for sharing his post -- clearly I missed that earlier and...

  1. 449 Posts.
    lightbulb Created with Sketch. 171
    Thanks for sharing his post -- clearly I missed that earlier and requested him to redirect me there, but he didnt care about it. I will respond to them sometime today.

    The share price movement of PetroIndo and Petrosea has absolutely nothing to do with Cokal -- nothing.

    These shares trade on very very low liquidity and float -- less than 0.5% trading volume sees the stock jump up 20%. This is classic market manipulation tactics by Indonesian promoters. This has been going on for a very very long time across sectors there, there is nothing new. For various reasons -- 1) most obvious is to raise more capital from market 2) promoters can also use their shares as collaterals for their own private purposes.
 
watchlist Created with Sketch. Add CKA (ASX) to my watchlist
(20min delay)
Last
8.0¢
Change
-0.005(5.88%)
Mkt cap ! $86.31M
Open High Low Value Volume
8.0¢ 8.1¢ 7.8¢ $65.56K 827.0K

Buyers (Bids)

No. Vol. Price($)
1 29675 8.0¢
 

Sellers (Offers)

Price($) Vol. No.
8.5¢ 415301 3
View Market Depth
Last trade - 16.10pm 05/09/2024 (20 minute delay) ?
CKA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.