Ann: Completion of Share Purchase Plan, page-18

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Wilma85

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11/04/19

13:22

Post #: 38097817
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Originally posted by unicrumba ↑

I am cautiously optimistic that this time we are in for the main event...

Why:

* Only ~$2mil was raised at 0.10c, say if even only 50% went to LT holders (I think that number is higher) we have only ~1mil shares to absorb if they are in for a quick profit...with the expected news flow, 1mil shares should be done with within the 1st hour of trade when/if a decent announcement is released...add to this, now that the CR/SPP is done with, there are no reasons for holders to sell in this SP range, higher SP is almost inevitable now, so unless very desperate, holders will not sell and there is almost nothing available under 0.20c, so just going to the lead p to the next news we should be back at our 0.18 -0.20c range,,, which was support for a very long time and there is nothing to stop SP getting back to that range very quickly, I expect from Monday going forward, we will start getting traders buying in again and that will make sure SP will jump without much resistance.

The big difference this time will be that exected news will confirm the likelihood of both projects futures:

* If we receive the term shet = Epanko is a Go
* If the BFS for 20ktpa EcoGraf plant is as good as indicated = Partner for the 1st plant will step forward fairly soon after the BFS release

All IMO

2018 2019 The YEAR Of The KNL

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Historically KNL has been a terrible trading stock. Shareholders that participated in the SPP didn't participate for a quick one or two cents, they participated because they believe (rightly or wrongly) in the Company's projects/businesses. Very low volumes have traded at or below 10c - the SPP may be the only chance for shareholders to buy more at that price.

KNL Price at posting: 12.0¢ Sentiment: None Disclosure: Held
5 Upvote

0 Great analysis

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(20min delay)
Last 9.4¢		Change -0.004(4.08%)		Mkt cap ! $44.94M

Open	High	Low	Value	Volume
9.6¢	9.9¢	9.3¢	$26.37K	275.1K

Buyers (Bids)

No.	Vol.	Price($)
3	27151	9.2¢

Sellers (Offers)

Price($)	Vol.	No.
9.7¢	338382	1

View Market Depth

No.	Vol.	Price($)
3	27151	0.092
5	104020	0.091
4	55702	0.090
1	10000	0.086
2	37358	0.081

Price($)	Vol.	No.
0.096	36500	1
0.097	338382	1
0.099	10000	1
0.100	829704	4
0.105	465397	2

Last trade - 15.57pm 27/09/2024 (20 minute delay)

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