CKA 3.30% 9.4¢ cokal limited

Probably like most here I am thinking I may have bought a dud....

  1. 307 Posts.
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    Probably like most here I am thinking I may have bought a dud. If you do, you have to work through ie revisit your reasons for buying to see if the story is unfolding as per the company stated. OK the managament have a good track record but have certainly rewarded themselves with options @ a good price. Africa has been unimpressive. Indonesia has had law changes regarding local partisapation which I think CKA addressed quite well and immediatley. The mining sector is down @ the moment with murmers of a chinese slowdown. There has been little news release by CKA so that is a definate negative.
    Would appreciate others opinion.
    Thanks
 
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