It looks like all the trading in CKA is small time day traders buying and selling on no real news but making small gains and probably some losses along the way. There is no new interest and has been the case for some time. IMO it will take a significant event and possibly a take-over offer (and that too will likely be unsuccessful below 40c) to get the SP moving towards its real value. No long term holder will be offloading below 25c to 30c. Meanwhile the CKA coal is moving nicely, both qty and price wise.
CKA Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
