KPO 12.5% 1.4¢ kalina power limited

Current Status, page-12

  1. 11,204 Posts.
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    Well, tax loss selling and uncertainty of the investment tax credits are now behind us.

    Ahead of us we have the reducing bank balance and a major source of funding. The question is whether we can get the latter before the former runs dry.

    I feel that the announcement earlier this week was low on details basically neglecting all the other aspects moving forward, ie reminder of the other tax credits that are still in the works, etc. My feeling is that this was left out deliberately in anticipation of a follow up announcement now that the pressures of tax loss selling is behind us. Or it could be because the company is close to a price sensitive major announcement such as a tolling and/or funding agreement.
    Last edited by Surandy70: 29/06/24
 
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