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1.12%

8.8¢ cokal limited

yes. hopefully won't regret too much but it's one...

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playdough

872 Posts.

312

25/05/19

11:34

Post #: 38741212
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Originally posted by ShareJagger: ↑

We all have to trim occasionally, however depending on location, I would have watched the investment property a while longer as the general risk to real estate is to the downside despite the upcoming interest rate cut.
Risk Cokal is probably 5% for a failed deal and price in the 1 to 2 cents and 95% significant upside risk.
Failed deal would mean that Aahana and the Chins (plus associated parties) would burn 70% of their investment and zero chance of selling the remaining 30%.
The deal will occur. Only the structure of the deal is uncertain.
The master of deals has lured the aggressors into what they would have thought a commanding position. Probably cumulatively holding up to 30% of Cokal.
Dom only owns 37 million. ($2 million) His exposure is quite limited for his entire portfolio. They have their pants down ($15 million at current share price) with extreme exposure if they do not deal.
They would have to put more money into Cokal to keep it afloat to protect their investment.
CATCH 22 Well done Dom.

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yes. hopefully won't regret too much but it's one I've wanted for a while and I'm in CKA because when I first heard rumours of upcoming sale over a year ago they knocked back my offer so I had spare $ and this was the best focus I could find.

CKA Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.8¢		Change -0.001(1.12%)		Mkt cap ! $94.94M

Open	High	Low	Value	Volume
8.8¢	8.9¢	8.6¢	$37.32K	426.6K

Buyers (Bids)

No.	Vol.	Price($)
1	41129	8.7¢

Sellers (Offers)

Price($)	Vol.	No.
8.8¢	80	2

View Market Depth

No.	Vol.	Price($)
1	41129	0.087
2	139163	0.086
3	462941	0.085
1	5000	0.081
1	100000	0.080

Price($)	Vol.	No.
0.088	80	2
0.089	5450	1
0.090	11100	1
0.092	42825	2
0.093	524698	1

Last trade - 14.43pm 12/07/2024 (20 minute delay)

CKA (ASX) Chart