CKA 5.41% 7.0¢ cokal limited

Options repriced to 13c! Read the Quarterly, page-13

  1. 23,919 Posts.
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    Yarra

    No, you have been jumping at shadows for the past year

    Forestry Approval delays are out of Cokal's hand, I have always argued that with you - some (not you) still can't comprehend this

    It is only this latest issue that is directly Cokal's fault and therefore management should be scorned for it - i.e leaving the market in darkness for 6-8 weeks on the real matters whilst there was clearly severe selling and manipulation going on

    You'll note some lines in the quarterly almost look copied and pasted from some of our suggestions here (I could go back and show just how similar actually). This should have been provided to the market in November, not almost February

    Likewise with Platinum's option issue, hiding it in the quarterly is a farce. Poor decisions by management to try to hide it from investors. Why didn't they update the market in November, mention Platinum were so supportive they extended the facility and agreed to 25M options at market price (at the time) - reads a hell of a lot better than 2 months later hidden at the end of a report

    And now what is so stupid, they actually updated the market properly for once, yet we still see no buying as they looked to have attempted to hide such a minimal thing from investors instead of being upfront and turning it into a positive at the time. Dumb management, nothing more. Let's hope they are better at building mines, because they are pathetic at shareholder relations and PR
 
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