I wonder how many holders of <=1000 share parcels will choose to keep them? A lot of people must have bought 500 or 1000 shares at around $1 or 50c, and won't be happy getting 12.5c back. But they may have lost hope of getting more, or feel there are better investments elsewhere, or be able to use the capital loss.
Will Konekt ever again attract the attention of people buying $500 speculative parcels? (Will KKT ever feature in the HotCopper "Most Discussed Stocks" list?)
I wish I'd bought more at 3.1c and fewer at 31.5c, but I'm quietly confident about this one now and plan to sit on it for the long-term.
KKT Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held