Cokal Says Recent Disclosures Likely Behind Share Surge in Response to ASX Query

MT Newswires Live

2025/12/05

Cokal (ASX:CKA) pointed to its recent disclosures, including a strategic partnership in response to the Australian Securities Exchange's query about its recent share surge, according to a Friday Australian bourse filing.

The company on Wednesday also disclosed a shipment of 7,000 MT of coal to Krakatau Posco in Indonesia, a member of the Posco Group (Korea), under a supply contract. The disclosure was included in its response to the ASX.

Cokal confirmed that it complies with the listing rules, in particular listing rule 3.1.

The company also confirmed that it is not aware of any information concerning it that has not been disclosed to the market, which, if known by some in the market, could explain the recent share surge.

The company's shares surged 28% on market close.

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