KDY 0.00% 2.7¢ kaddy limited

Basically it's market cap is at 7m. currently! when this...

  1. 244 Posts.
    lightbulb Created with Sketch. 26
    Basically it's market cap is at 7m. currently!
    when this consolidation happens this will tank to .03c = 4.5m MC.
    The question current SH's should be asking themselves is;
    When this consolidates there will be no great fluctuations in price because of the low shares at issue!
    Management will then issue more for a capital raise, plus performance shares for themselves to increase thier holdings at the cost of shareholders.
    It's going to be a bloody long time till you see any return. basically this stock is rubbish along with management!

    IMO I believe this will end up delisting and being sold privately to existing executives and directors, and maybe a couple of years be back for an IPO. To add a laugh, Deanyboy, back as CEO! - Long shot, I think his career is over for asx companies but maybe he might be a client - That owns a bottle shop and buys from KADDY.

    Good luck all, personally if you have some shares sell 'em and by yourself a bottle 21years scotch, and open it when this stock goes under!
    Last edited by MrLongShorts: 17/11/22
 
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