KZL 0.00% 12.0¢ kagara ltd

Hi BB Your this post makes me confused, I always donot what you...

  1. 3,646 Posts.
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    Hi BB

    Your this post makes me confused, I always donot what you are complaining.

    Quote:

    "but then I bought RED at 20c two years ago and it fell to 2c before jumping to $2 which was were I sold, so it's all relative"


    Red 5 Limited RED (Company) confirms that at the annual general meeting of the Company held earlier today, shareholders approved a proposal for a share consolidation of ten (10) existing shares for one (1) new share.

    So did you make money or lose money on RED? I am interested.

    As for the restructure, I think it's positive for a mining company with $400m net asset, I reckon the retructure means selling more assets to attract short term bank loan.

    Anyway, KZL brings a perfect trade range between 10c to 13c. I sold some at 12c todays but put bids back at 11c again.
 
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