KNL 0.00% 9.3¢ kibaran resources limited

Ann: Research and Development, page-42

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,842 Posts.
    lightbulb Created with Sketch. 275
    Its almost been 3 months since the ATO investigation commenced into Kibaran's $2.8M of R&D claims with complete silence from management on the matter. If this money is required to be repaid it will certainly create a difficult situation as a CR might be required to cover it. 

    What is going on in the KNL office? Are they still on holidays? Shareholders clearly want updates which management are ignoring. 

    There is almost no buying interest with 12 buyers for 182,363 units. Holders can't get out even if they wanted to the liquidity is so poor.

    Hopefully something happens soon which turns the ship around. Brad Broyle is available now after his stint at ADV. Maybe bring him on board to pump up the share price?
 
watchlist Created with Sketch. Add KNL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.