Both Ton and KNL are down ~15% from opening. There are many similarities between the two and I can not see why both have received such a severe degree of negative sentiment. RRS, you may be right; and in one way I hope you are and there is not something bad unfolding which the general market is unaware off.
Timbo, I bought because I want to make money, and managing risks is essential. As a ST when there is a large drop like this across not 1 but 2 graphite companies, it raises questions. For example is someone driving down the price for a TO, is there trouble which has not being published, is a major selling. On the day of a pos ANN, I don't agree with the consolidation argument, given the SP has been in a decline since last Wed.
I am stumped.
KNL Price at posting:
43.0¢ Sentiment: None Disclosure: Held
