I think it’s KIN’s management strategy to not allow traders to mess around with its share price, by holding it tight, therefore starving the amount of shares available to retail investors to play around with it, while holding the majority in few hands of big investors. As some one mentioned before, KIN is working for the benefit of investors not traders therefore we don’t hear much from mgnt except the odd announcement minimum requirement by ASX to keep it ticking until the next big thing (Sept Q) when they will ensure there’ll be enough spruiking and road show as we saw late last year. At least this is my take on KIN share price, which look more like an orphan not looked after as of late. All in my opinion.
KIN Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
