Hi Lindfield
Yes KZL definitely requires caution with the cap raising at 60c, but I personally find cap rasing plays amongst my most successful trades. KZL's cap raise was a fairly large one, share issue wise, but I really like the ones where it's only a small issue (ie less dilution), but punters still smack the price down towards the issue price. HST has probably been my most successful "post cap raise" trade recently.
My average KZL entry is around the 90c mark over the last few days, and I'm only looking for the scalp, so will keep increasing a trailing stop as the price increases, to ensure I lock in profits.
A
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