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27/01/23
12:32
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Originally posted by jumbie
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Indicative opening of 23c with some E better buying strength coming on board.
The CR timing is interesting. Obviously they need money and it's not coming fast enough from cash flow. If there was a short term shortfall to cover, then a bridging loan would be a great idea IMHO.
To do a CR at around 20c is going to really pee off the 30c investors (SS & JC) and esp the 80c guys(Thorney etc). They can't afford to do that as they now hold the balance of power.
So .... I suspect that these guys are being offered more shares in a sweetheart deal. OR the 1/4ly contains very positive news that will move the SP past 30c, and they are offering shares there again. OR maybe they have a new insto investor potentially from the US, who now are happy to get on board. It may even be for Alan & Sara Fanous. If they are positive about the company, you would think they'd like a slice of shares. And virtually no chance of getting any substantial quantities on the market. Also beneficial from a US credibility perspective to have US shareholders.
So my gut feeling is that it will be a very encouraging 1/4ly with shares be issued to Alan and Sarah at 30c. I hope I am correct.
Remember, I want this sucker to close over 28c on 31st to confirm the monthly trend has moved from negative to positive. As usual KSS SP could go either way!!! GLTA.
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At the 15th European Space Conference with the message that Kleos data is flowing. I am ready to talk #geolocation #RF #data space based #ISR . Great times full of opportunity. #BBESpaceConf