Good to see directors buying on market, this is a very positive sign.
It looks like we could see some new contracts signed within the near-term. As you said, If they can manage this, there is a good chance that FY24 could see KNO turning a profit, which is a rare thing for a small Mcap company. Every year I go through every quarterly on the ASX and I usually only find a handful of companies that are in the same financial position as KNO. I am happy to sit an accumulate knowing that there won't be any dilutionary cap raises in the near future with the purpose of keeping the directors paid. This company has a solid foundation for growth and long term profitability.
KNO Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
