None of the metal has been lost and yes it is a setback in the long term scheme of things. Starr was out of the blocks quickly to recognise the issues, keep faith with the lenders by issuing a solution which in the scheme of things is reasonable too. I can live with that. Being the new Managing Director, I don't expect a recurrence of incompetence. People have been spooked and yes the opportunity is there to pick up cheap shares in a company with a big future.
KBL Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held