K2f will steadily climb, the graph looks good, a double bottom looks like it has formed and a nice rise out will form now.
Easy a 50 cent share, just with the value increase of business k2f has acquired. The only worry is the cash burn, if k2f can reduce that in the next 6 months to a manageable level of say 500k a quarter, the futures looking bright. I'm sure the team are looking at further acquisitions to maintain growth and will need some of the cash at bank for that. But is saying that, k2f can always go to market for more cash if need be, as it would be welcomed by the market, as further scope or earning from an acquisition would be value accreditable.
K2F Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
