kingkev, I didn't try to downramp KZL. What I observed is KZL is a falling knife. It would be similar to WEC, which was a ASX200, I bought around 70c, but it kept falling till 35c, then recovered a bit, but recently got kicked out of ASX200, selling pressure coming again, I guess there were instos forced to sell (some are only allowed to invest in ASX200). KZL got those selling pressure as well. Heavily trade around 16.5-18c, hardly to reach over 20c where the first day dropped. I say bottom is not yet reached.
If you are long term holders, may be fine to hold but short term maybe get suffered.
KZL Price at posting:
17.0¢ Sentiment: ST Sell Disclosure: Not Held
