KZL 0.00% 12.0¢ kagara ltd

kagara shares suspended while talks continue, page-12

  1. 1,724 Posts.
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    Thanasi,

    What price did you buy at again? Above $1 and sold for 13c?

    How did that work out for you?

    I can see why you bitter and twisted but do something useful and direct your anger somewhere else.

    I sold half my stock in the run up to 38c and bought it back again at 20, 17, 15, 12,5 - ...at higher volumes. Sure I started buying at 60c then 52, 46 etc....but any idiot with a calculator can figure out the average, which is well under book value less 60% (30c), which is what I was constantly keeping my eye on.

    If you want to blame me for KZL getting half of what everybody expected for Lounge Lizard, Greece, the highest AUD on history, etc then go ahead, but for someone who is bitter and twisted to begin with and not a stock holder, I doubt anybody will bother to listen to you.

    I did what I did in good faith and continue to do so because I think KZL can raise funds with such a high level of quality equity within their asset base. Clearly this is something as an inexperienced investor that you didn't consider at all.
 
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