@lewis59 I have only just read your post and the comment on the employee morale is also important in my view. Galvanising is not a pleasant work environment although I would imagine that workplace health regulations would have improved it immensely since my father was employed in the Hills Ltd galvanising plant. He died aged 48 with cancer and had continual chest complaints during his work there. My thoughts at the time were that galvanising plants would have to pay their staff well and look after them as it would be difficult to obtain staff who would want to work in that environment of acid baths, hot dipping and electroplating. So your point is well taken.
Todays trading with a range of 44c is hard to understand. Volatility is quite common with this stock's trades due its illiquidity and often low volume but 44c in one day when the market is languishing seems odd despite the very low volume. Anyway it finished the day up by an acceptable 10c and current holders were in no hurry to jettison because of the earlier selling. Thank goodness that sanity reigns within KOV holders.
KOV Price at posting:
$7.85 Sentiment: Buy Disclosure: Held
