Australia's largest stock trading and investment forum Australia's #1 stock forum

KLL kalium lakes limited

0.00%

$7.28

The only 'not held' opinion worth the time reading has been...

First 20 Last

Share
Profile

Follow
budcar1

637 Posts.

61

17/07/23

10:59

Post #: 68819734
Share

Originally posted by TerribleTadpole: ↑

A person's reasons for avoiding a stock they are watching closely are just as valid as another person's reasons for holding. I see a reasonable mix of holders and non-holders on these threads. You should be pleased to see the diversity. If you find that a poster's opinions have no value, ignore them.

You do realise you're describing yourself, don't you? Announcing on HotCopper your judgement of people you know nothing about.

Expand

Originally posted by camban: ↑

FYI, the SO4 class action is all go, with shareholder registration now underway. The litigator is going after the deep pocketed company auditors now as well as the directors and former officers. Though differences exist between what KLL shareholders have been told/sold and what Salt Lake was relentlessly spinning - and of course Kalium is still working while in suspension to find a solution - my recommendation to holders here is to document everything, keep screenshots, and sit tight. If the company cannot bring their promises to fruition quite soon, if it all turns to custard then there is always the possibility of going down the same track as SO4 shareholders are with a contingency fee litigator.

I think everybody accepts that businesses sometimes fall short of their target or fail at a cost to lenders and investors, but if funds were being raised for specific purposes that later transpire to be untrue (or that officers ought to have known at the time they would be applied in a materially different fashion to what they announced) then the company and its advisers can be held to account. Litigation is always cold comfort and takes time (e.g. nearly two years investigation by the SO4 litigator before getting to this point), but it is still a very real backstop and motivator if the minds of your directors are not sharply focused now on fixing their mess.

Expand

The only 'not held' opinion worth the time reading has been @camban, keeping us in the loop with the S04 class action - and I'll apologise to him now for lumping him in with my previous observation.Unfortunately, and as a sad insight into the human condition, is the concept of schadenfreude. I'll leave you to look it up. It's obviously therapeutic to those that feel the need to indulge in it - but it's always beaten the you-know-what out of me.

Thanks for the offer but putting people on Ignore always seems like the wimps way out - which I'm not.

KLL Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

IXR

Ionic Rare Earths falls -7% as momentum slips on vague production update

HAR

Haranga jumps +7% on Lincoln acquisition

NUZ

Neurizon inks $1.5M loan against R&D Tax Rebate

First 20 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

The only 'not held' opinion worth the time reading has been...

Top Stories

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

Ionic Rare Earths falls -7% as momentum slips on vague production update

Haranga jumps +7% on Lincoln acquisition

Neurizon inks $1.5M loan against R&D Tax Rebate

Featured News