KSX 0.00% 1.5¢ karmelsonix ltd

sp reflects market interest

  1. 158 Posts.
    With all this mounting excitement,it may be prudent to be circumspect here.The wiseowl report suggested that 2014 would be the first good year for KSX,correctly pointing out that bio-tech investors usually wait for a couple of years of strong sales performance.And the 4 cent projection won't excite too many LT holders-most bought when above 4 cents!
    Theories abound:options expiry,sophisticated investor profit-taking,placement effects etc.Nobody really knows.One thing is certain:no-one is rushing to buy 'bargain-basement' shares.This has to be highly significant:consider the underwhelming response to ALL announcements over the last year.The market is not ready to embrace KSX yet.
    If you want to know when,go to a fortune-teller.Most here are prepared to wait out this long and painful process because this technology is unique and it will have it's day.

    Good Luck All
 
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