Sometimes no news is good news. Sometimes it's not. After they tried to mushroom us at the meeting, worry about their transparency. I got out of the stock because of that combined with lacklustre sp performance. But I keep it on my close watch list.
KZL probably wish to float Mungana if the banks agree to it. Otherwise they force KZL to sell it. I'm trading KZL every few days while maintaining a position to take advantage of the float/sale. However, unless AXM come out with good report on plant and cashflow, can't see them raising money to take it on.
AXM Price at posting:
22.0¢ Sentiment: None Disclosure: Not Held
