There is also an Imperative to "encourage' the KNL Sp to get into the 30/s better the 40's by May to curtail Tax Loss Selling.
There is a need to clear out some stale holders who bought and still hold that July'Aug 14 "action" illustated Ibza.
What KNL does NOT want is a April Spike Pump and Dump in a week that results in a return say to these 20;s levels. This would open more Tax Sellers to our Market.
In my Opinion the best sequence would be
Tkrupp/SGL take some position of providing say $5/10 mil in shares issued to them at 20cents.
Co jointly with this an Offtake, a further KT offtake of say again 20kts is announced.
This should spike KNL into the 40's but most importantly Keep it There if only because the CR "threat" has been removed from Market Sentiment.
Removing the Tax Loss Selling FACTOR in April is a Must Do for the KrNLers.
crack the nut go for d'KrNL
[should be in PR,hey?]
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Last
34.0¢ |
Change
-0.030(8.11%) |
Mkt cap ! $154.4M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 33.0¢ | $91.71K | 268.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9994 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 12685 | 2 |
View Market Depth
| Last trade - 15.56pm 22/07/2025 (20 minute delay) ? |
| EGR (ASX) Chart |