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1.56%

6.3¢ cokal limited

Volume. If they get tens of millions of shares, they would know...

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Kepo

1,004 Posts.

3

09/03/18

15:20

Post #: 31649549
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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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Volume.

If they get tens of millions of shares, they would know they cant get the volume from open market.

Also they typically more long term oriented so looking for multiples of return etc that 30% premium at this price wouldnt matter in years time.

CKA Price at posting: 4.6¢ Sentiment: None Disclosure: Not 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