Ann: Application for quotation of securities - KME, page-4

Yes, it’s very unnerving. Storm’s dividend reinvestment accounted for almost all of the shares issued under the DRP. The think existing investors are a little fatigued and confused about what margins will look like in the future. These charts tell the current story of KME pretty well. The shifting business model with corporate centres and with tutorfly (with associated investment) is making it difficult to predict what margins are going to look like once it settles. They made several reference recently in the presentation about driving margin expansion.

I’ve been considering topping up recently but haven’t made the move yet. My most recent purchase was at 92c. Have you bought more recently?