KSX 0.00% 1.5¢ karmelsonix ltd

flags flags everywhere..., page-4

  1. 269 Posts.
    The biggest flag T4P is two fold:

    1) The technology was vended out of MVH. Now it is capped at 5 times the amount of MVH. This is pathetic!

    2) Cash reserves are now depleted and they need to raise money most likely via a placement above 20c which will probably include some sort of free options deal. Find out how much the board pay themselves I think you may all be a little shocked in what you find.

    KSX is a sell and you should be able to buy it back post some sort of capital raising.

    Approach this stock with caution!
    Alternatively switch to MVH for a low risk alternative.
 
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