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Karan Bangur Purchases 37,000,000 Shares of Cokal Limited (ASX:CKA) Stock

Defense World ·  Feb 26, 2023 04:52

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

Cokal Price Performance

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

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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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