I for one think the re-rate is under way. There is a mountain of cash sitting on the sidelines wanting to invest in this stock. Both institutional, whom at the moment are handcuffed due to the legal proceedings, and retail/hnw whom are waiting for a savage pull back into the start of trial. Well, that pullback has already happened IMO. I can't see KDR trading 33.5 again
FOMO will hit hard in the coming weeks, and the lack of supply will become even more apparent.
40c tomorrow.
KDR Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
