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

CKA

Click for more information

1.56%

6.3¢ cokal limited

Don't Be to harsh on Itochu. They pioneers central Kalimantan

First 294 Last

Share
Profile

Follow
ShareJagger

3,116 Posts.

33

19/03/18

12:22

Post #: 31854208
Share

Originally posted by BarrenBuffett ↑

Yeah Itochu are a bit weird. In the sense they dont want to take the risk of the upstart but also are interested in the coal with multiple site visits and introducing to clients, bringing Jap delegation from Tokyo for meet and greet etc.

The PCI coal is not going to head to the japs I'm fairly confident of that. So the only angle I can see here is setting up for coking coal uptake when it eventuates. Think their current visits are more relation building than putting a firmer bid for the coal.

IMHO all of this bodes well for the cka holder and allays the biggest worry of never seeing the mine up and running.

End of quarter approaching and the management would need to show what was achieved in this quarter. Removing more over burden not going to cut it.

Expand

Don't Be to harsh on Itochu. They pioneers central Kalimantan

CKA Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

First 294 Last

Add CKA (ASX) to my watchlist

(20min delay)
Last 6.3¢		Change -0.001(1.56%)		Mkt cap ! $113.2M

Open	High	Low	Value	Volume
6.3¢	6.3¢	6.3¢	$5.469K	86.80K

Buyers (Bids)

No.	Vol.	Price($)
1	22000	6.4¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	6988	2

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 - 10.02am 12/12/2024 (20 minute delay)

CKA (ASX) Chart