KSX isn't been held back by stale or disgruntled long term shareholders. Rather our 'professional and sophisticated investors' are taking a quick profit from the convertible note capital raising - further issue on 16 Feb.
Out for a quick profit pure and simple - or more than happy to keep the price where it is!
These same investors have been issued options just so they can do the same thing come the end of April.
Let's hope management don't ruin all their good work by raising capital under similar circumstances in the future. Investors with a long term view that don't dump their stock into good news would have this stock up around the Wise Owl valuation, and beyond, no problem!
KSX Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held