This is becoming more of a case where the company has gone public without educating the investor on a niche product and not having get broker that lures sticky investors. Case just poor IPO done by the brokerage imo.
Company also I think needs to step up to entice more common retailers on board.
You put drone software, or resource management tools as the product, people understands immediately what they are putting their money into hence you see stocks like IOT and 1PG rerating massively after a burst in IPO.
Exact opposite for KYK.
Revenue ongoing, profits recorded for FY16. New clients announced and more in pipeline. Even the risk averse to the conditions of the market of KYK has to think $14million odd market cap is considerably oversold.
I'm just thinking if there will be more early investors into the IPO selling out, just cherry picking the entry point.
KYK Price at posting:
12.5¢ Sentiment: None Disclosure: Not Held