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..
The market is always right in the end. Has it not been with CKA?...
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Last
8.5¢ |
Change
-0.001(1.16%) |
Mkt cap ! $91.71M | |||
| Open | High | Low | Value | Volume |
| 8.3¢ | 8.7¢ | 8.3¢ | $31.86K | 372.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 108296 | 8.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.7¢ | 101226 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CKA (ASX) Chart |