KZL 0.00% 12.0¢ kagara ltd

from 1.27 to 0.77 50 point drop

  1. 1,548 Posts.
    Huge disappointment with KZL. Since Jan 12 the SP has been bearish. The DOW has fallen below 10,000 and rallied to 10,900, yet KZL continues to fall. One of the worst performing stocks on the ASX 200. A dramatic turnaround from being one of the top performers over the xmas period. Lack of faith from buyers, and sellers selling at levels during GFC year. Hard to believe, but KZL is approaching SP levels from June/July 2009. To be fair KZL news since Jan 12 hasn't been negative, so very hard to justify the dramatic sell off. I will wait till the SP reaches the 60s before I buy again.
 
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