No need to panic about SP folks - it only responds to supply/demand - certainly some whacky theories about it though. Here's mine....(btw - there are no insto's secretly manipulating anything...KLL is not big enough for them to even glance in our direction)
The price spiked (albeit slightly) just enough for:
(1) some weaker (or maybe just tired) hands to take their money and run. Nothing wrong with that....good luck to them - they bought at lower than 23.5c and made a few $$$ by selling at 23.5c.
(2) investors that like the "lottery approach" - sell when they've gained a cent p/s and hope to buy back when the price falls - I dare say a few made a tidy little sum that way...
Anyway, KLL fundamentals are all there with a sustainable, ethical and much needed resource that I, and many of you are proud to be a part of.
Patience is the key!
Onward and upward
No need to panic about SP folks - it only responds to...
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Mkt cap ! $50.79M | |||
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| KLL (ASX) Chart |
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