Wow i just read in the West Business on Saturday that his total holding in 2006 was $130m Which is now worth $2m. Someone alluded to snouts in troughs, he has probably lost more than anyone on hot copper x 100
You need to work out his % holding in 2006 and to me it looks about right, matter of fact he may have lost more as he sold all his shares in carbon energy to take up his entitlement in in the raising at 60c in about 2009 - 2010 he also bought shares on market
Legume, i don't care about your negative attitude toward KZL its helpful to have all points of view. What i do respond to is tripe, i am not trying to hi five anyone, he does have a good track record and KZL woes are caused primarily by the high dollar low commodity prices and the fact that the GFC hit at the worst time possible. so to basically blame the problems on him is misleading.
KZL Price at posting:
17.5¢ Sentiment: None Disclosure: Held
