KSS 0.00% 10.0¢ kleos space s.a

Ann: Satellite Assets and Data Delivery Update, page-15

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  1. 1,183 Posts.
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    Grim - as I mentioned, failure to break that 22c resistance was a bad sign. 10c is not out of the question from here if it breaks 16c. Currently I think it's just gravity dragging it down, and no "good" news to fight that. Except for 10/2, when soemone was exchanging ownership in house (probably), the volume has been pretty weak. There is a channell well formed between 22c & the 16-18c line.
    Also I heard there is a move with consumer confidence now lower than the GFC, and interest rates rising, that folk are pulling $s out of spectulative stocks and shoving it into bank accounts where they can now get a half decent return. KSS will not be immune to this either.
 
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