Oh come on, how long have you been trading for cin?? It is traders and downrampers playing with the sp - thats obvious!
They directors have done a stellar job of informing the market so far. They released tonnes of info with the placement, plus the chairmans address etc, plus the placement was tiny, having no real effect on dilution
It hasnt dropped anywhere near the placement price, and so I think it is actually a decent reflection on the company!
Look at what happened to rau - they rocketed after their placement, and people had no real idea if or what resources they had! At least we know kal has near surface gold and we have jorc numbers coming shortly.
stop talking waffle and one line ramps
KAL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
