The company made a 50 million loss almost on half year results, they are closing various operations, they are restructuring the board, they may need to raise capital , they are trying to improve balance sheet, they are selling assets eg lounge lizard.
Do i think that it's a foreign sting or a company nearing it's own demise.
Thats a joke really BB a" foreign sting, what sort of conspiracy theory is that!
The company is trying to survive it's own bad decision making , making excuses on resource price drops and AUD rising.
Where the majority of all other resource stocks have boomed, this is the worst performer on asx300
KZL Price at posting:
17.5¢ Sentiment: Sell Disclosure: Not Held
