- Disappointing results, but if you have a L/term view, like Kagara have, then you should accumulate.....20c would be worst case scenario (accumulate).
"However, the sharp drop in commodity prices and continued strength of the Australian Dollar have made it apparent that Kagara’s business needs to be significantly restructured in the short-term before the broader elements of the 5-year growth strategy can be advanced."
KZL Price at posting:
31.0¢ Sentiment: None Disclosure: Not Held