KSX 0.00% 1.5¢ karmelsonix ltd

flags flags everywhere...

  1. 15,276 Posts.
    lightbulb Created with Sketch. 45
    How many signs do we need...

    If the rising price is not enough, we have numerous directors notices coming out...from options to heads...all on-market buys.

    Like a flag to all, they are saying..

    "We, as directors, feel there is excellent value at current prices"

    Then of course we have the charts...whilst one might question the antics of some stocks, the charts never lie...and they too are screaming flag, flag everyehere.

    Net buying for me here today.

    I find it interesting all this talk of a placement...and suspect for some it is viewed negatively?

    Whilst true of many situations, I suggest that right now for this stock, the "value add" of having cash in hand will be seen very favorably by the markets...just as it was for MPO recently.

    I smell a net exit "problem" for some here...a problem many might have difficulty recitfying without undue expense.

    Bring it on!

    Cheers!
 
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