KRS kresta holdings limited

This is speculation but the recent dip in the price may be...

  1. dct
    3,506 Posts.
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    This is speculation but the recent dip in the price may be because the company is canvassing interest in a cap raising for expansion or acquisition activities. Tass does not like debt and now Trahar is on the board I suspect KRS may become a bit more aggressive in their business going forward with the backing of some financial muscle from the major shareholder.

    The SP action is indicative of this type of behind the scenes activities as some of the major shareholders jocky for potential share issue price levels.
 
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Currently unlisted public company.

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