Keep in mind that 12 million shares, or around 15% of the company, were traded around 5c on the 3rd & 6th November - with no movement in price which tells me it was an off-market cross trade, in which a disgruntled seller handed over the rest of their stake to a large investor. At that point the selling stopped, the price stabilised, and in today's rise only 2m shares changed hands. Tells me we should have no problem with a large holder wanting to offload.
@firsova - "NO brainer for a takeover by private equity or one of the big global players in the space now it has proven it works and can win tenders." ... I sincerely hope NOT! I'd much rather hold this longterm & have a hundred-bagger on my hands
KNO Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
