Another KNL signature move. Release the negative announcement at the end of the week near the close hoping no one will notice by Monday open.
I hope they do have something figured out for funding because there is only about 7 weeks of money left (excluding any repayment to the ATO) Mr Howard couldn't have been more vague in his responses.
@Wilma85 unlikely KNL directors will contribute money to the CR based on past performance. I guess if they don't take part in it you'll get a good gauge on their confidence level of the company and projects going forward?
CR will be in the single digits imo.
KNL Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held