KIS is now strategically important to the US military, page-10

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Flash99

727 Posts.

167

04/02/21

20:58

Post #: 50719982
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Originally posted by Broote1975: ↑

While I don't think this will pass through $1 for at least a couple of months, I do think the swift re-rating which we are currently going through will see KIS settle into the 45-55cent range very quickly, likely over the coming days in my opinion.

I think it will then float around that 50c level until the next round of funding is confirmed, hopefully from the Federal Government as they see KIS as highly strategic right now (which the company is currently in discussions with, as reported in the AFR).

Only a small portion of the buying today came from retail traders. Luckily for us, this stock has not yet become a 'chat room special' as evidenced by the lack of posting on KIS across the various social media stock chat rooms.

But as we continue to see strong rises over consecutive days & weeks ahead of us (with some small pullbacks no doubt), it is unlikely KIS will stay off the retail trader's radars for too much longer. If/when that occurs, we should hope that the traders don't want too much stock because other MUCH bigger players are also in the process of entering KIS right now, and as we've seen today this thing can run.

With some very wealthy individuals already sitting tight as cornerstone holders in the top 20 of KIS including Tasmania's richest person (billionaire Dale Elphinstone), it is making for a promising future.

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I tend to agree. Looks like a large pocket investor is mopping up shares and positioning. Considering the volume and rise over the last week HC has been relatively quiet on this. It suggest we are on the good part of the SP growth curve. Buyer exhaustion is not on the radar yet

KIS Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 2.7¢		Change -0.001(3.57%)		Mkt cap ! $27.10M

Open	High	Low	Value	Volume
2.8¢	2.8¢	2.7¢	$21.04K	761.9K

Buyers (Bids)

No.	Vol.	Price($)
2	200930	2.7¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	18619	1

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No.	Vol.	Price($)
2	200930	0.027
1	82726	0.026
3	340000	0.025
2	256000	0.023
4	544193	0.022

Price($)	Vol.	No.
0.028	18619	1
0.029	200000	1
0.030	247461	7
0.031	250000	1
0.033	56039	1

Last trade - 15.50pm 04/07/2024 (20 minute delay)

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KIS is now strategically important to the US military, page-10

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KIS is now strategically important to the US military, page-10

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