I don't want to create another posting blizzard from you bonkers but KYC has been using the current year to build its future for the last 3 or 4 years. Why is this one different.
While you are at it please have a quick look at the six monthly report and do your own calculations as to how much more revenue they need to even break even. They won't go under because Telstra wouldn't let them but they need to figure out how to turn a profit one day.
The price will go up and down as that is the nature of the market but fundamentally this one is not worth much right now. That may change in the future but I don't think it will be this calendar year as you suggest.
I may have only started posting recently but I've been reading Hot Copper for well over a year. In that time at least 80% of the companies that were going to make people rich have dropped further. The more positive posters are the more wary I would suggest people should be.
Classics from a year ago are WSG, TLO & ERG. Just look at the charts now!
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Keycorp looking strong, page-11
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