There certainly do seem to be a whole lot more buyers willing to...

There certainly do seem to be a whole lot more buyers willing to take a punt on KNL given the sp collapse following yesterday's ann.

However, if I hadn't been a shareholder prior to yesterday, I would probably buy in too. I'd read the ann, work out that something wasn't lining up given prior anns suggesting full-length, high-grade graphite mineralisation and look a little deeper. I'd then probably notice that these holes were not the main game in any event and that the promising details are still to come. At 0.16c or thereabouts, I'd have a flutter on this.

The difficulty for those of us that do hold is that confidence in management has been shaken so badly and holders are selling furiously. It means that any sp recovery will take some time IMO.

Anyway, as I said yesterday, I have lost so much (avg 0.51) that I would prefer to ride out this game until the end than simply give it all up now. There is still some upside but management NEEDS to step-up and show some leadership. A more savvy approach to wording and releasing anns would certainly help IMO.