re: Ann: Global Investment Roadshow PP New Yo...
G'day fellas (which inludes ladies - I hate 'Guys'. I'm no longer involved but I can fully sympathise with you at the moment, having lost plenty on KZL when it tumbled from its glory days. It always strikes me as a favourite short term traders stock, with rapid 10% swings commonplace, but lately the short term BUYERS seem to be avoiding it like the plague. This is one stock that was truly crucified by the GFC, and it will be a long time before it can regain its golden glow. With so many shares on issue these days and relatively small earnings in comparison, the best hope is probably Admiral Bay, which hopefully a joint venture partner will provide the bulk of the cash for. I hope the SP has bottomed for you and that it can regain some balance a little higher.
KZL Price at posting:
61.5¢ Sentiment: None Disclosure: Not Held