I don't need a frigging bargain on KZL, I had KZl for a long time, I've lost a lot of money on this, so don't tell me about buying shares cheaply.
My point is, don't try and pull in newbies who have no clue on KZL and are punting based on yesteryears of KZL and reading hotcopper info.
And I haven't seen you do this for the first time, there are many times that you have tried to ramp this stock up. Lastly I see your thought pocess change once you hold stock. And your post confirm that you didn't hold stock prior to 17th April 2012.
A few of your baseles ramps - without any knowledge of what will happen next
25/04/2012
It's off market trade for sure, so I donot think you can pick up MUX cheap shares.
It's good to see KZL is selling more assets, I am thinking 15c open tomorrow.
27/04/2012
I predict the open price on Monday is between 15c-16.5c, should the funding issued on time
24/04/2012 Funding issues been removed Funding is the major issue which created scaring selling on KZL in last month. Now the Nickel asset sold and funding is coming on the way. Surprised to me the KZL sloved this issue so quick!
I reckon ANZ may convert the debt into share holding taking this opportunity, otherwise cannot be so quick.
Placement is alright as well, anyway "quick" means KZL's $400 million net asset is still attractive for investors.
Selling more asset is good option for KZL, if KZL can sell all of its asset in short term, SP should be 30c+.
KZL Price at posting:
12.0¢ Sentiment: ST Sell Disclosure: Not Held
