CKA 2.60% 7.9¢ cokal limited

I see that too. Up until 2 weeks back the selling was relentless...

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  1. 4,669 Posts.
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    I see that too. Up until 2 weeks back the selling was relentless and buyers would be taken out as this went into free fall from 2c to 1.3

    In more recent times a stand off has developed and selling volume has tapered. What that means longer term, I have no idea but they won't be able to do a prospective capital raise w/o the share price stabilisng first...and that appears to be happening.

    Whether it is the Prime broker still selling - who knows. It could just as easily be those who took 1.6c placement stock last August who are doing the "cut and run".
 
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