KZL 0.00% 12.0¢ kagara ltd

Then of course, there is CRE, HST, BSM, KMC, and loads of other...

  1. asf
    9,888 Posts.
    Then of course, there is CRE, HST, BSM, KMC, and loads of other "crash shares" that didn't recover on the second day. Two of them- BSM and KMC are now in suspension following their massive declines, HST is still negotiating bank covenants, and CRE got taken over for a song. One of the best things I read on HC was the "4 day rule": wait for 4 days and see how it is going then. Of course, for a trade, it could be a goer. Scarey, though.

    An article just out in AFR Street Talk on KZL- should be in tomorrow's hard copy or take a free trial to read it now:


    http://www.afr.com/p/opinion/kagara_posts_loss_founder_flees_OpoJW9VdJiF2W3fp8dFX9J

    Good luck, holders. Nasty losses. Hope it picks up.
 
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