CKA 1.30% 7.8¢ cokal limited

Movement at the station, page-13

  1. 23,919 Posts.
    lightbulb Created with Sketch. 752
    This looks like accumulation - they soak everything available, before loading the bid and moving higher

    500k+ now bid at 13.5c

    Could also be the shorter trying to close out decent size lines

    Either way, the sellers at 14.5/15c are doing them a favor for now by keeping it subdued. Once they get cleared out and some volatility returns to the upside, we should see their hand
 
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