i disagree. these oppies look pretty tasty to me. the last spike in the fpo to .066 shows exactly how quickly this mob can get this stock moving. that on a pretty neutral announcement. since then they've ticked a lot of boxes and i expect the positive newsflow to continue in coming monthbs
some dilution since then, but when you weigh up the unique tech and the margins they will operating on its not a big stretch to see this company at .20+ ... if resmed lob an opportunistic takeover bid, well its write your own ticket.
with 15 months until expiry and .07 to pay. ords could be at .07 by july, meaning 12 months time premium with sales ramping up. they are a buy under .01 imo.
disclaimer: i hold oppies and ords bought in recent weeks.
KSX Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held