KAS kasbah resources limited
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kas share price dropping today

  1. Markben
    65 Posts.
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    02/05/12
    17:10
    Post #: 10122840
    Tin price remains 22-23K/tonne. PFS due out in the next couple of weeks. All signs positive.

    Appendix 3B hit announcements today and appears to be downward pressure on the share price beyond normal KAS which has been holding well around the 29-30c mark all of April.

    Hazarding a guess that many of the exercised options are hitting the market and flooding the sell side today. Although don't know why considering projected upward trajectory for this stock.

    That's my layman's take on things.

    Any other ideas surrounding the drop?
    KAS Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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