KZL 0.00% 12.0¢ kagara ltd

Doing a lot better you kidding it was just on $6 mate and near...

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  1. 4,087 Posts.
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    Doing a lot better you kidding it was just on $6 mate and near its 2002 low of 21 cents...look at a graph.

    This company in a resources boom period has gone from lots of promise & profits to a huge loss making machine that has had to be restructured both managerially and financially with heavy Capital Raising Dilutions...My view is better/safer plays elsewhere til they have an economic resource and stop dragging their feet and killing shareholder faith!

    How do you think they are doing a lot better with huge plans to expand they cant get their house in order.

    Look i'd tread carefully buying this company at 30m cents!
    The trend still looks bad, as does depth, technically and shareholders probably had a gutfull as i did investing here.
 
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Currently unlisted public company.

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