Australia's largest stock trading and investment forum Australia's #1 stock forum

CKA

Click for more information

1.56%

6.5¢ cokal limited

And that's exactly why cokal is not updating the market with...

First 121 Last

Share
Profile

Follow
BarrenBuffett

2,564 Posts.

32

10/03/18

17:42

Post #: 31663654
Share

Originally posted by vontrader ↑

It’s all well and good to have coal in the ground, it’s being able to extract it commercially that counts

They can’t even produce 10kt per month from Anak after 8 months ! How are they ever going to reach 50kt per month ?

Personally it doesn’t interest me. They’ve cried wolf too many times. Once a time you could buy this around these levels, wait for finance news and sell for easy 30-50%. I don’t envisage the market is going to believe deal #4, not until it’s binding with cash in bank - in other words, CKA can’t hype the stock up anymore with puff news. The market will only rerate this on performance now

Expand

And that's exactly why cokal is not updating the market with incremental news.

Only thing which matter now is offtake which is binding and as per conversations only that will be released

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

0 Great analysis

Reply

First 121 Last

Add CKA (ASX) to my watchlist

(20min delay)
Last 6.5¢		Change 0.001(1.56%)		Mkt cap ! $113.2M

Open	High	Low	Value	Volume
6.3¢	6.5¢	6.3¢	$8.035K	126.7K

Buyers (Bids)

No.	Vol.	Price($)
1	3304	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	26976	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 - 14.53pm 12/12/2024 (20 minute delay)

CKA (ASX) Chart