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1.56%

6.3¢ cokal limited

CKA going forward, page-89

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BarrenBuffett

2,564 Posts.

32

09/03/18

15:20

Post #: 31649543
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Originally posted by ShareJagger ↑

When you say cornerstone investor @ 30% premium Just want to confirm that such an investor would pay 30% more than the price at that time. Why would a sane strategic investor do that?

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Thats industry standard mate - all cornerstone investor naturally will come in at a premium because by them extending their support significantly derisks the company and the share price will be expected to rally on back of that. If they get discounted shares they would be double dipping through their association.

CLQ,AUZ are recent examples - all cornerstone investor come at a significant premium. With cokal's low SP 30% is a very reasonable number to be honest.

CKA Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
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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