KZL 0.00% 12.0¢ kagara ltd

good quarterly report , page-6

  1. 19,029 Posts.
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    Yes, the quarter report was not as positive as I hoped, specifically as loki01 mentions cash level was worrying at only 2.8m. Seemed to be lots of sellers into weaker prices after the strong open, so I took their lead and decided to exit and sit on the sidelines for a while.

    1.6% of issue traded and it ended up flat when cu and Zn were up.

    Anyone think there is a risk of a capital raising - which is my main concern at the moment.... never liked by the market in these times.
 
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