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2.67%

7.3¢ cokal limited

re - rate due, page-5

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mattcatt

743 Posts.

153

12/04/22

10:33

Post #: 60801226
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Originally posted by Bitola: ↑

Morgan Stanley re-rated Whitehaven coal a buy up to $5.45 target
its currently $4.17
brokers are expecting a continuation of strong commodity prices well into 2023

this is all well for Cokal
once we start production and producing, the numbers analysed revert to production and sales numbers quickly

a re-rate will follow
if we are valued at 23c pre production
pick any number as to what we are worth on production as "producer status"

mix in, continual strong hard coking coal prices well into 2023 along with some corporate interest
and we could see that illusive 50c-75c range achieved quite quickly

if whitehaven coal can go from 90c to $4.17 in 12 months
imagine what Cokal can achieve once in production

it all sits on the shoulders of management now

common you good thing

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or we get bought out and end up with 25c per share

CKA Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 7.3¢		Change -0.002(2.67%)		Mkt cap ! $78.76M

Open	High	Low	Value	Volume
7.4¢	7.4¢	7.2¢	$54.61K	741.5K

Buyers (Bids)

No.	Vol.	Price($)
1	120000	7.2¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	72973	1

View Market Depth

No.	Vol.	Price($)
1	120000	0.072
1	250000	0.071
1	50000	0.070
1	25000	0.069
1	150000	0.068

Price($)	Vol.	No.
0.074	72973	1
0.075	50000	1
0.076	700000	1
0.085	2083	1
0.087	14207	1

Last trade - 16.10pm 10/09/2024 (20 minute delay)

CKA (ASX) Chart