KMR 0.00% 12.0¢ kumarina resources limited

good time to get in?, page-2

  1. 2 Posts.
    Absolutely, not sure who thought it was a good idea to be selling at 0.32 today, maybe some people are worried about the time it's taking to get these announcements to market or possibly that they are concerned about results moreso than last week. It is even possible a bit of contagion set in today with sellers forcing further selling. Whatever the reason I see it as quite an opportunity, 35c is what I would call a 'fair' price and overall it has maintained this average. Therefore anything lower is certainly ripe for the picking in my opinion as you suggested. Anything below and I certainly will be looking to pick up more shares at the price.

    One other thing to remember that I found interesting is just how few shares traded to get this to drop to 10% there were only something like $20k shares traded. So it's basically very very small players making these swings. That makes me happy.

    Watch this space
 
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