Absolute stalemate on the boards today. Not a single share traded. Unfortunately it looks like the front page article in the Australian the other day has done little to create interest. Base on the current orders, only about $20,000 of stock needs to be sold to take this down to 12 cents, conversely only about $50,000 needs to be purchased to take it to 20 cents.
I'm having a bit of a hard time understanding this to be honest. Is coal really such a dirty word at the moment that everybody is shying away? We need a spark to fire this up. I would expect some positive price action once the constructions funds start following from Platinum. If the large holders resume buying then the share price could jump quickly and significantly.
What are the opinions on this?
Yeatesy.
CKA Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
