CKA 2.44% 8.0¢ cokal limited

Ann: Quarterly Cashflow Report, page-30

  1. 23,919 Posts.
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    Even still, why are people selling at 8.3c.

    If they ever achieve Forestry Approval and Finance (as we now hear is due this quarter), it's worth more than 16c anyway

    So with a 16c cash bid and final approvals pending, why are people dumping at 8.3c ?

    I'm hoping the broker traders confirm it is all BR, then there may be an explanation and an OK arbitrage
 
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