Wow - looks like the halls are still haunted.... no wonder I took a long break.
December 2018 - 36.98c long before the current CR.... June 2019 - 36.73c 4 months ago.... August 2019 - 37.79c 2 months ago....
But no the sudden decline after the CR is the end of the world - what on earth has changed except KZA has $4mil more in cash and some new shareholders which I would think should at the very least give exposure.
I have had numerous stocks that do a CR at a discount to sp and then the sp nearly always settles back down to offer price before recovering - nothing to see here - nothing is out of the ordinary. Talk about a storm in a tea cup - I don't want to advertise other stocks that have done recent CRs but the pattern is nearly always the same - and there is usually news on the way which is the carrot.
KZA Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held
