"Those purchasing CKKOA's recently may be feeling a little twitchy perhaps?"
not at all :)
very comfortable and confident what the company will bring.
Why would any option holders feek twitchy?
More than 18 months to expiry
If they are going to build more rigs they will need to raise cash. How they do it doesn't concern me at all. 50 mil shares at 20c woulkd be fine by me. In saying that though it would be crazy to attempt to raise cash jusr before signing some contracts wouldn't it? If that was to happen then my eyebrows might be raised. However I doubt that would be the case. Hopefully some news re contracts is not too far off and then we will see if we are in for the long awaited re rating and perhaps a capital raising.
CKK Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
