CKA 3.23% 9.0¢ cokal limited

Ann: Quarterly Activities Report, page-96

  1. 11,941 Posts.
    lightbulb Created with Sketch. 1451
    Fundamentally we agree. Takeover is certain. Stitching us up is certain. In my opinion, stitching us up is 17 cents offer. If they don't offer that or higher than they will be stuck with 25% holdings (240 million shares) via us hold outs and Cokal still listed on ASX. We can hit them with all sorts of pain.
    Anyway, I still believe that next Thursday is a significant date. 31 October 2019.
    I reckon they will have to go to at least 25 cents to shake us out. Domenic continually says 50 cents plus but just a ambit claim really.
    Developed we would be looking at $ sign in front.
 
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