Don't really understand the question.
Magna are not investors. They are smart leeches that feed off companies like Cokal that are cash strapped.
They push share price down and then buy at 10% discount.
They sell out as soon as they can.
That is why the 15% limit has been applied.
Buying shares at 4.2 average and selling at 5 or 6 cents is a wonderful move.
If they take the (15%) selling pressure off for a week or so, the price will rise.
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Last
6.3¢ |
Change
-0.001(1.56%) |
Mkt cap ! $113.2M |
Open | High | Low | Value | Volume |
6.3¢ | 6.5¢ | 6.3¢ | $8.138K | 128.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3304 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.6¢ | 18500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 448198 | 0.068 |
2 | 350000 | 0.067 |
4 | 442727 | 0.066 |
4 | 575000 | 0.065 |
1 | 200000 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 84327 | 2 |
0.071 | 386714 | 2 |
0.072 | 133526 | 2 |
0.073 | 275000 | 2 |
0.074 | 150000 | 1 |
Last trade - 15.46pm 12/12/2024 (20 minute delay) ? |
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CKA (ASX) Chart |