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Cokal Limited (ASX:CKA) Insider Karan Bangur Buys 37,000,000 Shares

Financial News Live ·  Feb 25, 2023 21:13

Cokal Limited (ASX:CKA – Get Rating) insider Karan Bangur acquired 37,000,000 shares of the firm's stock in a transaction on Thursday, February 23rd. The shares were purchased at an average cost of A$0.02 ($0.01) per share, for a total transaction of A$592,000.00 ($408,275.86).

Cokal Price Performance

The company has a debt-to-equity ratio of 311.33, a quick ratio of 0.02 and a current ratio of 0.04.

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Cokal Company Profile

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Cokal Limited engages in the identification and development of coal in Indonesia. Its flagship property is its 60% owned Bumi Barito Mineral project, a metallurgical coal project that covers an area of 14,980 ha located in Kalimantan, Indonesia. The company was incorporated in 1998 and is based in Sydney, Australia.

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