Great post with good points "Geez.. if I was a cynic or even angry at them, I would not be holding shares in KAI! Like CC, I would be long gone. And looking back, definitely wealthier too." Sadly some have failed to follow this simple investment strategy.
"The presumption behind this Christmas Gift for KAI is that the rule has been run over KAI in a competitive situation and they have been adjudged as ethical, highly technically competent, driven and dynamic (i.e. very determined to succeed), and above all have ground that has the best chance bar none of finding big nickel." Again the naysayers here will disagree with you on a number of levels, firstly claiming that there is no standard to the allocation of the funds (of course there would be no audit on the approval for the grant!!!), and are given to anybody so no great achievement. Secondly, they will disagree as to the dynamics of the Management, claiming ad nausem that none of these terms, you have used, apply to the team here.
Again great progress with both the Altura deal and the EIS subsidy, building Shareholder wealth by the Company, which sadly has been discounted by some as this progress has failed to raise the SP the yardstick some use to gauge the management.
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