KDY 0.00% 2.7¢ kaddy limited

Ann: Annual Report to shareholders, page-94

  1. 132 Posts.
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    I could not care less about minor manipulation to daily closes. it is short term focused activity, designed wholly to influence short term decisions of others. All it does is indicate those with means have an interest in continuing to soak up shares from those with weak constitutions.

    Business continues to grow and hit milestones, and gives every indication that performance over the long term will be strong. It's still so early on it's journey. I see the chart here looking very similiar to another spec stock I invested in around the same time - IOU. Pumped on buzz, which was unsustainable, and slowly tracked back, and began to plateau. All the while, achieving milestones set out at the time I invested, and positioning itself for strong long term grown. That share price has finally commenced it's recovery and is on the verge of breaking out from its lower levels and starting its march back towards all time highs. Like DW8, all the way down, and at its low plateau, price pressure on the daily activity was keeping it down, selling into the auction, and shares were slowly getting accumulated.

    I feel like the behavioral pattern here is super similiar, and feel like whilst we could have a little longer around this level (just below the CR price), I'm confident DW8 also will start it's march back up towards ATH, and everyone will have remembered the price in the low 6's as a sweet time to have increased their holdings.
 
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