Ann: Notice of Annual General Meeting/Proxy Form-KNL.AX, page-86

The company isn't burning benspurgin, the opposite actually. There is an information vacuum which is causing a few to opt-out and into the hands of the manipulators, but that's it.

I believe finance to be imminent. Spinks only goes this quiet when he's up to something (Most recently it was the Sojitz and CBA deals).

I agree he needs to lift his game, but in terms of KNL as a company, there is no equal. In terms of KNL share price, it is pitiful. (Don't forget the $13m in the bank of a $48m MC)

But you're mistaken in confusing the share price with the companies fortunes. The two are not always codependent.

I remember making a killing after the GFC buying into MQG because everyone thought they'd go under, with no reasonable cause. It was purely speculation with few assessing the underlying assets. Sure enough the panic eventually lifted and a few months later, well, i made a killing. I consider this to be the same situation.