KAI 6.25% 1.7¢ kairos minerals limited

Ann: Trading Halt, page-12

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  1. 1,030 Posts.
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    As known, the last and recent CR was done at 2.1c
    As I said then, if there was no cobalt announced in the offer-extended week then I would review my KAI position which I did. Heavily reviewed. Still retain a few KAI though.
    Used the cash to dabble in another favourite... for a very good short-term return of 20%

    BUT... also as I said.... the big mystery for me was how was the 2.1c KAI sold..??? Given the history of
    KAI's ever-decreasing share price, it must have taken some pretty convincing salesmanship to entice such cash in the current market. Good one.

    I concede that there was and is a mountain of Potential and Nearolgy for KAI, but what speccie miner does not have that? Perhaps I have vastly underestimated that potential and it is about to be realised now. If so I will be kicking myself for not maintaining faith as the SP spiralled down!!

    Selling KAI at 2.0c ? that cash now is worth 2.4c to me.

    If I had retained the cash in KAI (or heaven forbid subscribed at 2.1c), it would be worth say 1.5c today..

    2.4c versus 1.5c... my good decision?! MAYBE. MAYBE NOT too.!!

    BUT... is it the Big One now?.... I saw a company report some excellent gold intercepts recently and the market barely twitched... and the cobalt the same. Some amazing assays and the SP grudgingly moved up a little for that company too.

    Anyway I have a feeling it will be good news. My left shoulder always twitches when Good news is coming. But how good? What will the SP do.? Cobalt and gold results. Two tickets in the lottery.! Trading halt.

    At least get the SP over 2.1c so the same sources can be tapped again for cash in the future.

    Good luck to all holders. Especially long termers who have held the faith and deserve something back! Good luck to management too and those who have been paid in shares over the years and deserve a nice Win.
 
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Last
1.7¢
Change
0.001(6.25%)
Mkt cap ! $44.72M
Open High Low Value Volume
1.6¢ 1.7¢ 1.6¢ $59.52K 3.705M

Buyers (Bids)

No. Vol. Price($)
2 1812949 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
1.7¢ 869999 4
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
KAI (ASX) Chart
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