KTE
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0.00% 1.9¢ k2 energy limited.

My thoughts on KTE, page-8

  1. Fibonarchery
    12,525 Posts.
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    28/09/15
    19:53
    Post #: 16075579
    Just because it was once worth $3 million, doesnt mean it is still worth $3 million

    I once held quite a few shares in SYR at 8c

    Just because KTE havent revalued them on the books, doesnt mean they havent been intrinsically revalued

    If KTE's stake in Mears is only worth $3 million, that implies Mears will IPO on NASDAQ at US$25 million, which is not possible.
    Last edited by Fibonarchery: 28/09/15
    KTE Price at posting: 3.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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