Bad report, stop losses, panic selling, pissed off selling. A few days off market when the indices and equities have fallen.
As usually happens in instances like this, the selling and sell price overshoots for a number of reasons. At least action on the board structure was quick as no doubt the cost savings will be.
The buyer strength is encouraging, I'm hoping that the bleeding has stopped. Hopefully the new management can realign the ducks, get rid of the non core assets and sit tight until such time as conditions improve, which, baring any Greek cafe or Italian pizza shop owner going belly up, is quite possibly the second half of this calender year.
good luck to all holders
KZL Price at posting:
20.0¢ Sentiment: LT Buy Disclosure: Held
