KZL 0.00% 12.0¢ kagara ltd

elevator ride down, page-4

  1. cha
    5,333 Posts.
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    hi mayo

    i dont know what to think.

    Geoff Day is confident. it appears they have made the hard decisions and will survive. may take months for them to thrive.

    could sell and set a contingent order to buy back over time.

    i looked at their finances over xmas and biggest problem seemed to be jp morgan shareholding. once they are out then may see some rises.

    wouldnt buy more here.

    my worry is new management seemed to have a plan but the spp debacle at xmas and the delisting last week all smack of internal management issues.

    is kim robinson still in control?

    good luck to all holders. hoping will be a repeat of pna and a success.

    trading wise just waiting for a repeat of the buying we saw at 25c. high volume day. then fall back and consolidation and away to 35c+.

    question is from what level now?
 
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