I would expect further announcements this week prior to AGM next Tuesday. Ross Haghighat will be in Melbourne next week for a few days. There seems to be one seller keeping this stock down for the last ten days. Once the balance of his line is taken care of, I would expect KSX to go back to test the 3.2 to 3.5 cent level. I am extremely bullish about this stock for the first two quarters of 2011. I think everything to start falling into place in the coming months with the new quality Team on board. Stock will be re-rated in the next month or so. Good to see in the notice of AGM that all the new people are getting a heap of shares which gives them all a good incentive to get things moving.
KSX Price at posting:
2.8¢ Sentiment: ST Buy Disclosure: Held