KZL 0.00% 12.0¢ kagara ltd

re: Ann: Investor Presentation - Brisbane 9 F... Pen,The way the...

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  1. 2,178 Posts.
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    re: Ann: Investor Presentation - Brisbane 9 F... Pen,
    The way the market works, i would not be surprised if the share price did not move on any news about Admiral Bay.

    I think the market will mostly wait until all the risk has gone from Ad Bay, They will want to see a joint venture in place and a good prospect for succeeding with a going concern, this is only my opinion. who knows what will happen, it could go ballistic but i doubt it.

    I am on the slow accumulation path and expect to continue with that strategy.

    I personally think it is insane that no value is attributable to Lounge Lizard,Mungana or Admiral Bay at the moment, that is why i would not count on any sudden movement on a pos study from the Bay
 
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