KTA 0.00% 1.0¢ krakatoa resources limited

Ann: Resource drilling commenced at Tower REE Prospect, WA, page-4

  1. 7,442 Posts.
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    I like your style! I think by nature Australian investors are incredibly nervous and panicky. Yes, US markets have huge falls but then they can afford to. Over the past 10-15 years their indices have doubled, even after the recent falls, whereas the good old ASX has gone nowhere. The British FTSE is similar. It hasn't made much ground either. A couple of months ago this stock seemed to have formed a solid base at 10c but now that's a far-off target again. Realistically this whole year looks buggered while interest rates keep rising. I suppose it'll get even worse if bank deposit rates reach 5% again, as many retail investors might dump their shares for that. All totally pathetic and hugely disappointing!
 
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