KZL - the director's selling was forced: Margin Call. He didn't want to sell and all the other directors declared that they are not sellers. (Source: this morning's AFR.)
The article also said that KZL is so cheap now that it's not unlikely that they'll be in play shortly.
The price is so low and the stock is shorted so much that their relegation from the ASX200 quite possibly ain't going to make any difference.
DYOR
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