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1.56%

6.5¢ cokal limited

The other aspect is that despite the likely dump and runners,...

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BaulklikeGresh

161 Posts.

8

05/04/18

12:37

Post #: 32240731
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Originally posted by dante ↑

@BaulklikeGresh - Don't know if it is faith or are we just in it for the self torture of the day to day wait for something to happen . Three months since we were told that the last deal was off. Three months where we have been waiting to find out if having our funds tied up for so long was worth the wait. There will be investors completely disillusioned who will sell out at the first opportunity near their break even price, then we will have Magna buying more cheap and dumping into any rally we get. If not for Magna we should be still sitting around the 7 to 8 cent range. Such a low starting point may take us a while to claw back up there.

Sorry for the rant, just having an off day. I do realise the intricacies of getting deals done and contracts signed, but arghhhhhhhhhhhhh, this wait is soooooooo frustrating.

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The other aspect is that despite the likely dump and runners, earnings, progress, and future results will still outweigh the effects of any disgruntled long term holders.

The market will still price in results rather than hype, but not to previous levels. It might only get up to $1.50 longer term.

CKA Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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(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