daytrading may 8 morning, page-53

  1. 23,919 Posts.
    lightbulb Created with Sketch. 752
    pintohoo

    Reason I like CKA is because of Platinum

    They've bought 14% on market, not through cheap placements or similar

    They loaded up heavily into CWK and sold into the takeover by WHC

    Most brokers close to them you speak to concur they are moving to 19.9% on market - another 30M shares

    Only issue is they are currently in a blackout, because Finance is subject to Forestry Approval and its a conflict of interest for them to be buying whilst doing the finance

    I'm hoping Platinum have it heavily bid at 20c as previously once Approval is received to make the shorter cover

    Anyway back to D/T but worth a look as them being in Australia hints of something imminent







 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.