The market doesn't anticipate any 'important commercial transaction':the buyside is weakening.Even if there was a 'important commercial transaction',it is not going to get things moving here;infact,as has happened before,we should expect the SP to race up to the high 0.020's for a few days before these people unload their shares to make a quick profit.[something they surely wouldn't do if something major was anticipated] Although I wouldn't regard the number 666 as an ill omen here,it does seem that issuing shares creates further misery for us ordinary holders.Mind you,the way the market regards this company,it may take something supernatural to change it's opinion:the magic of dollar signs! The 0.07 July exercise of options is a distant dream;the exercise of the unlisted options at 0.023 is the best one could hope for.Look for the SP to drop to a lower range in coming months:0.012 to 0.017.Since there doesn't seem to be any good news that inspires the market,perhaps it is waiting for the proposed second listing before it reassesses the prospects here.
Don't chill the champagne.
KSX Price at posting:
1.7¢ Sentiment: LT Buy Disclosure: Held
