KYP 0.00% 11.0¢ kinatico ltd

RAAS research report on KYP, page-7

  1. 832 Posts.
    lightbulb Created with Sketch. 74
    Extremely pleasing to see the new insto on the books.
    Tipping over to profitability is driving the re-rate, and it is well overdue.
    I am surprised that this traded under 8c, as the only people who can sell with a profit at that price are substantial holders and we saw no notices. So every seller was losing money. But there was not enough volume to build a position - frustrating.
    As a profitable, growing business, KYP opens up to new classes of investors who eschew start ups and loss leaders.
    I expect we'll see more interest from other institutional investors too.

    Hoping to see this business keep on track with the current plan - it has a good product that automates tedious compliance for a low price, it is an easy sell to the growing market who need this, and the market need is growing fast.
    We're in a great position to see some serious share price upside in the short term, and a huge opportunity in the medium term.
 
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Last
11.0¢
Change
0.000(0.00%)
Mkt cap ! $47.69M
Open High Low Value Volume
11.0¢ 11.0¢ 11.0¢ $489 4.444K

Buyers (Bids)

No. Vol. Price($)
4 723809 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 25376 1
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Last trade - 14.23pm 26/07/2024 (20 minute delay) ?
KYP (ASX) Chart
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