KGL 0.00% 9.5¢ kgl resources limited

Consolidation was poorly timed. That is clear to everyone...

  1. 1,091 Posts.
    Consolidation was poorly timed. That is clear to everyone now.

    Firstly management (even if they previously thought Andash would be approved in Dec/Jan) should have allowed some breathing space and done this in April/May/June.

    Secondly, they would have also known the inital Burnakura announcement would not set the market on fire and should have released this prior to the consolidation or waited as per the above comment.

    We now need news just to get the depth back to now. The gaps on the bid/ask are massive and is highlighted by the fact that it doesnt drop 1 cent at a time
 
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