KZL kagara ltd
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Today the 75¢-80¢ technical support was convincingly broken. KZL...

  1. HCuser7
    498 Posts.
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    19/06/09
    16:49
    Post #: 5302635
    Today the 75¢-80¢ technical support was convincingly broken. KZL continues its depressing decline. One supposes 60¢ will serve as a limit as there are few technical resistance levels otherwise.

    Not long ago Morningstar issued a Fair Value for Kalgara of $1.00, I wonder if that has changed? The NTA also was $1.25.

    Allotment of new shares under the Institutional EO ends next Thursday, and Retail EO July 10. There's typically a general market rally at the start of July so here's hoping...
    KZL Price at posting: 70.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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