KZL 0.00% 12.0¢ kagara ltd

due for a bounce

  1. 3,890 Posts.
    For those interested, I believe KZL now represents one of the best materials plays in the ASX 300. This year KZL has pretty closely tracked the materials index (XMJ), up until 9 March. There is now a reasonable divergence that is likely to be closed either by XMJ falling back (or IMO more likely) KZL playing catch-up.

    $1.20 price target on this basis is reasonable. If I could post graphs I would. Why can't hotcopper make it easy (i.e. click a button) to post graphs?

    JT
 
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Currently unlisted public company.

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