-
Share
07/03/14
02:56
Share
9m reasons to hold. 285m reasons to sell. Who'll win the tug of war?
When the tide comes in, all boats rise. The opposite can be said when the tide goes out. All boats drop.
STB had a MC of around $600m (from memory) at its height, and now it's only $25m, where's the SP likely to go?
I remember another potash play, MNB, top of 60c, now 0.6c.
A reverse 100 bagger.
Not all have fared that badly. RWD from $1.40 to 20c and now sits at 60c.
IPL from $4.70 to $2.30 and now sits at $3.20.
But KPC is still very speculative, and it's those types that usually cop it the most.
All eyes will be on KPC when it opens. For holders, non-holders, and for vulture day traders.
-