Let's face it you sold because the SP is going down, but nothing else really. The company has only been listed for a short period and from what I have seen they have communicated clearly at all times. They have two signed contracts (albeit we don't know the rev. In terms of the quarter we don't know what work was completed, it could have been only one job for the precision contract. They have highlighted their sales pipeline, and are looking to expand the market, most likely the reason they listed. The big play is being able to tap into the nuclear market. This will likely be quite niche and is a massive market. I know a little company in Adelaide aren't taking much of the contract, but even 1% of the UK decommissioning would be $10m USD. At the moment the chart is getting close to oversold, so any news out of the blue on a contract signing could just push this up again. A lot of the people who invested for a quick &$are gone, so resistance going up shouldn't be as bad until a certain point. The other day there was a lot of soaking going on around the 19c mark (maybe 1.6m shares), who were the people buying?
Anyway I respect anyone who sells with conviction, so well done for biting the bullet, but I am interested in what you expected to happen in such a short time, and also what event you expected to move the share price
- Forums
- ASX - By Stock
- KTG
- Ann: Quarterly Activities Report and Appendix 4C
Ann: Quarterly Activities Report and Appendix 4C, page-16
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KTG (ASX) to my watchlist
(20min delay)
|
|||||
Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.63M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
KTG (ASX) Chart |
Day chart unavailable