KZL 0.00% 12.0¢ kagara ltd

sellers back in force, page-9

  1. 2,178 Posts.
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    Well I'm sick of Pens garbage post's, there is no substance to them, only made up rumours that swirl around in his/her head.

    I think that we are getting weakness in the price for a few reasons, one of them will be the cyclone bearing down on north QLD the others are probably because people don't like the uncertainty of expected news like the float and the pre feasibility study, cautious investors would pull out, wait for the announcements and then get back in once there is some certainty, they make less money but take less risk.

    There is also still risk in the China story and India, at the end of the day the skittish investors will keep on jumping in and out on various signals and we will have a share price that does not make sense, we will also have the Pencilins of the world trying to explain these movements with their conspiracy theories, bot trading and made up rumours.

    I maintain my long term view of kzl, even if AD Bay does not happen the current share price has no premium factored in for it, so there should be little effect on the share price once the dust settles.
    I do not personally expect the study to be negative.

 
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