KSX 0.00% 1.5¢ karmelsonix ltd

more sp pain before lift-off

  1. 158 Posts.
    Good post TTC-this is why long-termers like me have hung around:these device could revolutionize asthma management.However,the short-term outlook for the SP is terrible:options expiring on July 31-why wouldn't this lot sell at 0.03? I guess we will have reached the bottom then.LOL.The strategies of the professional and sophisticated investors have always been to make a quick profit and wait for the 'whiff' of good sales figures to re-enter.
    Anyway,if it does reach that nadir,can you imagine the raised voices at the annual meeting in August? One has to remember that KSX has a history of poor management:the latest SP problems may greatly perturb those with such memories.Atleast,that Armadale suite will be a happening place for an hour!
    Of course,the resolutions will be passed-even disgruntled long-termers will realize that the company has NO money to continue the roll-out otherwise.So further short to medium SP pain is a certainty.

    Good Luck All Holders
 
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