KDY 0.00% 2.7¢ kaddy limited

Dog stock will go down far further IMOWhen it opens at 10c (post...

  1. 918 Posts.
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    Dog stock will go down far further IMO

    When it opens at 10c (post consolidation price expected), it will quickly drift down pip by pip as many who didn't want to sell at 0.3c but wanted to sell at 0.4c will happily take at 9.9c, 9.8c, 9.7c then before you know it will be basically at 0.3c equivalent with a whole lot more overhang selling pressure.


    sure, market cap being already bargain bin trash at 11m and people saying not going down further. That's actually true. In fact the market cap will likely be going up. Yes you heard that right. Market cap going up with stock price going down. How? with all that BS dilution free handout giveaways to the insiders.

    Consolidation to 111m shares makes plenty of room for new dilution for insiders

    They will tell you they are doing a good thing - won't take as much pay but instead take a hell of a lot of options and shares in lieu. This AGM is just the tip of the iceberg.

    This company is garbage. Good luck all holders
    Last edited by James7821: 01/11/22
 
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