KZL 0.00% 12.0¢ kagara ltd

kz l- ozl, page-4

  1. 1,686 Posts.
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    I don't see much takeover action among the miners. You may if we see the market plunge bottoms or if China stabilizes with certainty. Most miners etc are busy plugging their own leaks. Look at BHP for example. Almost back to 2007 levels @ $33.

    Bit more volume building on the KZL buy side. 6,171,859 shares traded today and 14.5c held. Half the selling volume above looks like fluff. It doesn't move much and they don't appear keen to sell lower. Once March is out of the way, we are on the home stretch to April 11, where I think the final judgement short-term will be made 1. going bankrupt or 2. will survive and grow - of course I am of the latter view...
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