As long as the company progresses and ultimately revenue increases along with profit, the sp will ultimately respond positively. CKA is now a producer even coal is 'dirty' yet still very much in heavy demand by heavily populated countries - unlike locally where there are idealistic policies trying to push coal off the cliff (or at least leave it in the ground) and yet still hit producers with hefty royalties.
As has been pointed out by some, if any are taking advice solely from anonymous posters on financial matters, good luck. Can't give advice, so buy, sell or hold at your peril. As for me, a small holder, will wait till I get a decent return - not there yet and whether that will happen or when is yet to unfold.
As CKA is an emerging company both it and the sp is yet to realize full potential - ditto about not there yet and as to when such unfolds - your 40c level sounds great. Could be all just hot air.
Buy hey, either way, what would a small holder know, currently sitting on a paper loss? Trust me not, I'm not a politician but have never been a used car salesman either - however, may buy a few more at these levels. AIMO
CKA Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held
Could be all just hot air.
- however, may buy a few more at these levels.
AIMO
