Funny how one person sees one thing and others see something else. My take is the over supply and the low price which is mentioned in the article. They are in relatively good shape because they are screwing down the supplier. So if they can get supply of what KNL is hoping to sell at $700 to $800 KNL will never be profitable. Who will lend them money for hardly any profit? If I was running a bank I wouldn't.
Funny how one person sees one thing and others see something...
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12.0¢ |
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