re: Ann: KRE to pursue complementary growth o...
i don't recon they should spend another cent of cummins range unless there is a clear funded path to production. wasting $$ imo, $$ betters spent on african project or new projects.
shareprice is so low because market is factoring $$$ wasted on cummins range imo, plus admin costs/number of management are too high from a company this size/mc.
can't see any shareprice upside regarding cummins range.
KRE Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held