"Hunan Nonferrous Metals offered to mop up shares of Abra mining"
GFTG Securities owns 18.9% of KZL. My mind connects a few dots, and thinks that somewhere down the track, there is a takover bid looming.
Not just my mind, but even the market liked it and pushed KZL upto 65cents. I agree that the whole market was up, but KZL doesn't really follow the overall trend.
So keep a watch, and potentially, fingers crossed a takeover of KZL maybe round the corner.
Hope you enjoyed the food for thought!
Cheers Mayo
KZL Price at posting:
64.0¢ Sentiment: LT Buy Disclosure: Held
