KZL 0.00% 12.0¢ kagara ltd

looking set for a rebound, page-23

  1. 2,204 Posts.
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    I am not convinced on a rebound

    They will not be able to raise capital as they did at 31.5 in December---as a matter of fact I would say those investors are entitled to be very pissed ( to say the least)
    And I see De Bortoli purchasing another 11m if Feb--I reckon the family would not be happy ( unless they were relying on their own judgement)

    No sign out there that Zinc is going to do anything soon

    Obviously top heavy and I wonder can they change culture to survival mode after the BS in September

 
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