KZL 0.00% 12.0¢ kagara ltd

more selling to come, page-4

  1. 797 Posts.
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    Not much point buying for the entitlements.

    At 1:16, you are spending 80c to get an entitlement to buy 6c worth of stock.

    Even if at lists at a 20% premium, then the entitlement is worth about 1.2c.

    Much better buying it for the copper/zinc/nickel it is actually producing - and the Admiral Bay elephant.
 
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