CKA 5.88% 9.0¢ cokal limited

The market is always right in the end. Has it not been with CKA?...

  1. 4,216 Posts.
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    The market is always right in the end.
    Has it not been with CKA?
    It seems to me a fair judgement of where it is now and thinks it will be in 3-6 months.

    The market saw high coal prices in 2021 and priced in CKAs performance over 2022 & 2023 to be ramping up to well over 1mt by now, and probably discounted it’s speculative nature, location and prior missed deadlines..

    So I guess a reasonable observer could argue the market was correct to this point.

    Let’s see what happens from here. I still see 250million reasons to have confidence in where it’s heading..
 
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