Ann: Successful Completion Of A$50M Capital Raising, page-16

I'm a recent comer here. Wanted exposure to RE and fertiliser and this is the latter play.

But generally speaking, and we've all been dirty about CR sometimes, in the cool light of day they usually turn out to be OK, but ESPECIALLY in stocks that aren't terribly liquid and therefore don't lend themselves to good low pip churn.

You see, the guys wielding the Ms aren't mugs. They get told over a quiet beer what we couldn't find out with a years' research. I'm not having a whinge here, it's just the way this sandpit works.

So..... when a fundy or SI takes a position in a KLL, it shows me that they've been convinced (or convinced themselves) that it's a medium hold.

I'm a little underwater this morning but have removed my stop-loss sells.

Just my limited experience.