KCN 0.80% $1.25 kingsgate consolidated limited.

I've been selling down since 1.63. A few years ago, somebody...

  1. 4,019 Posts.
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    I've been selling down since 1.63. A few years ago, somebody said there would be a cap raise , and they would need a loan they basically called it as it's played out i wish i had listened.
    It's obvious they are just in there for a good paying job with bonuses. I suppose Ross will leave his shares to his kids.
    I'm moving over to BGL current price 1.40. I think they will get $2 before KCN does.Im still holding a good amount of KCN but i think this is still risky.KCN has over 100 million debt now i thought this would never happen.We were never told about new equipment etc.
    It's just constant bull.I doubt the buyback will start soon either.Who thought $1.50 would break it's now resistance.They have destroyed the confidence of share holders.I hope it does go up but its all over the place hard to predict to many unknowns.Its like a secret society and shareholders are the last to know what's happening.On facebook they call it a national Gold mine that really annoys me.If your a shareholder you own part of the business.
    Let's see what happens Monday, but I think it's under pressure.

 
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