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18.8¢ k2fly limited

K2F are using a cross-selling sales approach, when done right...

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699 Posts.

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28/07/20

14:10

Post #: 46126702
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Originally posted by Scottstots: ↑

Can anyone shed some light on why the stock is so illiquid?

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There's only really 52m shares available for trading if you take away the shares held by the top 20. An additional 1.9 shares may come on the market soon if K S Capital decide to exercise their options (30c ex price).

Originally posted by Recruiter10: ↑

Ive followed K2F a lot, never really bought in though, my main reason is that although they are doing well, gaining contracts etc, these contracts are only worth $500K through the lifetime, & there's not an infinite amount of these out there, so my internal questions has always been:
How do you get fro where they are now in terms of mkt cap to a doubling of this, with the value of the contracts they win - it would be very hard to justify a $50m mkt cap surely ?

anyway, a great stock, always making good announcements....well done holders...

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K2F are using a cross-selling sales approach, when done right it's very profitable.

K2F Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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