stop it guys... my sides hurt from all the laughing - cannot...

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mr_delta

9,235 Posts.

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12/07/18

16:40

Post #: 34306254
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Originally posted by 564xxl ↑

Now I know your only here down ramping but if you must at least use an investment argument that is even vaguely sane.

So your argument goes that CBAs investment strategists had a look at the e-future, looked at the battery sector, looked at the suppliers for Lithium, Cobalt, Graphite. Then looked at all the players in the Graphite space and said......

"lets not invest in WKT who we can make lots of money on in the short term, lets invest in KNL and keep investing in KNL and keep investing in KNL and keep investing in KNL until we have at least 10% of the register and we are the number one holder....because then we can make lots of money in the long long term instead...which i'm sure our own CBA investors like Croc would think is a smart thing to do"

Obviously not
They looked at Graphite
They looked at all Tanz Graphite plays
They invested and keep (not kept....keep because there latest investment was a massive one) investing in KNL because their extensive research indicates that KNL will generate the biggest and longest term ROI for their Investors. Bigger than what they would make off other Tanzanian graphite plays and in a timeframe that won't have their Board removed by their investors for being plain dumb.

Oh and whenever CBA invests in a small cap they have to do a shite load more due diligence to convince their investment committee than they do when they invest in say a BHP
Little ol KNL.

You might call CBA....they will explain their investment philosophy and why they don't invest "to make current CBA holders grandchildren rich" but rather sensible low risk investments they are darn sure are going to work for their own holders short and long term

But once again, I can't imagine that you don't already know all that. Everybody does.
564xxl

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stop it guys... my sides hurt from all the laughing - cannot stop laughing after reading this post !!! BRILLIANT !

you got some flair for replies !!!

CBA keeps buying KNL like it is a bad habit that they cannot get rid off

coming back to more serious stuff, any news from anywhere about any foreign entity getting the paperwork? This suspense is killing me now - I had a dream last night about paper work received and I actually logged into my comsec app at 3:23 am today to see if that PRICE SENSITIVE announcement came through

so if you see one pop up in the next few days, you know who told you about it first !!!

KNL Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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stop it guys... my sides hurt from all the laughing - cannot...

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