CKA
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2.25% 8.7¢ cokal limited

Ann: Quarterly Activities Report, page-180

  1. ShareJagger
    11,977 Posts.
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    05/05/19
    12:46
    Post #: 38415178
    Yep, 75 million divided by say 830 million equals about 9% so greater than 27%
    then there is the cleansing prospectus shares at 3.2%.
    So what will happen?
    My view, they will buy big parcels from several, more than 2, from very large holders then add their entitled shares. All on same day. Then they will bid for the remaining 60%
    Game over.

    CKA Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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