Possiblly confirmation of my suspicion that this is NKP's best option, although probably more a PL wish than a probability. Anything (25cps?)will be better than nothing.
Good to see that the penny is finally dropping with many, although not all, NKP shareholders. Maybe a few even now recognise that they should have at least considered the numerous 'tips' that others and myself had thrown their way, at no personal benefit, except in my case the observation of human behaviour. ie denial
Point is fellas that people in the industry (talk to a few over a beer) have held an opinion (suspicion) for a long time that NKP had 'many' issues. Barry Sergent was only one manifestation. Seems as though they were correct and the uprampers not. Obviously many seem to have bad news filters installed.
As for the top forty remaing 'strong'. They have little option but to remain in and hope for a low ball Anglo offer. There would be no buyers for any significant dump.
I suspect that those holding out hope are upramping so as to provide themselves the hope of an exit opportunity. Furthermore there will probably be some good News company annoucements that will provide some short term hope. Beware and remember past behaviour.
NKP Price at posting:
45.0¢ Sentiment: ST Sell Disclosure: Not Held