I'm in pretty much the same boat as you, having bought in twice at about the same prices you mention - perhaps a tad lower.
Maybe the share price is a little depressed due to concerns with carbon tax - but that should only account for a few percent of the fall to date. Looking forward to seeing results as I can't imagine that they will be too far out on their predictions for 2011 earnings as they last updated their forecasts with a little under three months to go until FY end. Will be disappointing if they are out of forecast range, but I worked out my estimates on the basis of them achieving the bottom of their forecast range. Anything better than worst forecat case and the picture is rosier still.
Have a reasonable amount invested already, but seriously considering adding to the pile.
KSC Price at posting:
$1.42 Sentiment: None Disclosure: Held
