You said. Kogi shareholders would have jumped in and grabbed.... Kogi whilst it was down. A lot have even if if it was at 0.03 it would be down would it not. ?
I was in early 2017 with a smallish parcel around these prices and sold in the 0.05's. Happy to have a second opportunity and I wont be selling so cheap this time.
People keep banging on about the rights issue. The rights issue was more to do with being fair to retail holders. It's worth remembering they can allocate those shortfall shares to anyone they choose too at anytime. Might come in handy down the track should they need to oil the wheels a little to get things moving. The rights issue just because it has not been taken up at this point in time has not failed. imo.
No need to call Craig 1800 Blind Freddy can see what's happening here just look at the last few months PA. No one buying and no one selling more importantly.
A few newish posters at least the nics say they are, here on the HC. Always joining in on the negative comments.. Just watching the PA during the day with props frequently being set up and pulled does make one wonder if the pros are playing drop and mop games with KFE.
Anyway not long until the quarterly will be out .
With the ever increasing price of steel I can't see the Nigerian Government letting this sit once the BFS finely is done.
Good luck to us all.
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