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1.56%

6.3¢ cokal limited

CKA going forward, page-101

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BarrenBuffett

2,564 Posts.

32

09/03/18

17:09

Post #: 31651987
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Originally posted by Muad'Dib ↑

Wanted to believe you Barren as that hasn't been my experience.
So I had a look at CLQ and found ...

A$150m underwritten placement to accelerate development of the Clean TeQ Sunrise Project
Underwritten Institutional Placement (Placement) to raise a minimum of A$150m at A$1.15 per share
Placement price represents a 6.1% discount to the last close price on the ASX of A$1.225 as at 7 March 2018

So no premium there. Please correct me if I’m wrong.

AUZ is a bit more complicated but it does appear the new shares will be bought by SK Innovation at 12c which is around a 30% premium in exchange for a modest commercial-in-confidence buyer discount for their cobalt and nickel sulphates.

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Not that one. Check when the chinese mob came in and got placement at around 17% premium. At 88c

It's standard practice man I'm not making this up. This placement is for offtake partner not for some joe blow who is going to flip it for pips

This is all conjecture anyway. Knowing cka absolutely nothing of this sort going to materialize probably and we will be left with the can.

CKA Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
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)

CKA (ASX) Chart