KNL 0.00% 9.3¢ kibaran resources limited

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  1. 9,235 Posts.
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    sorry for the rant I am about to have below in advance...


    been in this business for a while - buying/selling/holding/ day trading / decade plus holding/ chasing / losing/winning - probably done almost everything under the sun possible... at times I feel like I know what the market is up to and at times I feel that the market got it wrong (of course, the market is never wrong, I know)... 


    been watching the price action of these biotechs since BIT had its great run - went up 2000% in a few days... traded it and traded the others without much effort - cannot go wrong when 50 million shares are getting traded and the price is one way - UP UP & AWAY, right? These stocks are running with some of the biggest claims known to man in the healthcare industry - I HOPE THEY HAVE FOUND THE CURE FOR THE DISEASE/AILMENTS THEY CLAIM TO HAVE CURED....good luck on their long term stock owners... some must have gone from poor sods to Lamborghini owners in matter of days... 


    but if one were to analyse some of these claims, I am sure that there is going to be some huge gaps when the claim to cure HIV or detect Breast Cancer goes through some more tests...  for now, the market is LOVING them and these companies are actually doing turnovers that seem to defy gravity...


    coming back to KNL, what does the regular punter want in an announcement? solving the world's EV supply issue? finding the NEXT EV battery composition that can make a car run for 4000 kms on a single charge and at a speed of 200 kmph???  WHAT DOES KNL HAVE TO PUT IN AN ANNOUNCEMENT TO GET THEIR ATTENTION??? So far, nothing seems to attract it as seen ample of times now... this is a fairly great announcement and YET the sp is probably 1c lower today than when it was announced...what am I missing here?  what ticks the box - hype or substance?  does a 3KTPA plant in Germany not excite anyone? does KNL need o spread it wings and go biotech now??? I know the answer... my question is rhetorical more than anything... 


    at times like these I feel like I should just retreat in a cave and come out after 3-4 years and check my portfolio... maybe it may be better then...


    sorry for the rant guys... just trying to get a handle over things here.... 8 more days to the quarterly... let's see if we get anything before that....

 
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