daytrades may 3 afternoon, page-55

KR, I think you'll regret selling KSX at 1.6c. It surely can't go much lower than this seeing as it was the placement price. Those sellers have to run out of stock sooner or later and it will re-rate IMHO (just maybe not today).

How soon will they run out? Well the placement was for 100m shares and we've traded 117m today already. Of course we don't know how many of them were placement shares but I'd suggest a fair few (seeing as there are not many sales below the placement price).