The reason the SP sits where it is, is because more people are getting out. Shares should go up when people are accumulating because they are more buyers than sellers.
Also it can't be any major holders buying large quantities because they would have to notify the ASX.
Simply holders that probably believe the SP hasn't bottomed out.
We are getting closer and closer to coal sales or raising money.
A previous post by GOCU is also a possibility. Although that seems a bridge to far.
All the best to the faithful or stupid ( time will tell ) long term holders.
CKA Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
