Because it is cheaper dollar-wise to develop and prove the viability of cokal then sell it as a package to a bigger whale than to cheaply TO cokal shares which may cost anywhere between $50-$150m and have the rejections from managements and large holders.
baulk has explained the above at least 2 times in the past weeks.
if one doesnt get that instantly then one wont get that forever.
Because it is cheaper dollar-wise to develop and prove the...
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Last
9.6¢ |
Change
-0.004(4.00%) |
Mkt cap ! $103.5M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 9.9¢ | 9.5¢ | $21.58K | 223.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 180837 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 77000 | 2 |
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| Last trade - 15.51pm 19/06/2024 (20 minute delay) ? |
| CKA (ASX) Chart |