There would not be a shareholder who has an average price below the current price of 1.5 cents. If we all think that the company has passed rock bottom, & is on it's way to profitable times, why is no one buying more?
My view is that since we got rid of the astranauts & blow in fancy entrepreneurs, the new management has done a brilliant job of streamlining the company. This has been done at a cost which has horrified us,as it represent a massive % of cash we did not have. But it had to be done,& the new broom is in,& survival has happened.
The only thing which will move the share price is $$$ in the bank from sales. Profits should follow automatically. Patience is required from here, & those of us who have been around a long time should be rewarded for their patience.
All the news is conservative now, so it looks like 2012-2013 will see KKL over the hump.
KKL Price at posting:
1.4¢ Sentiment: LT Buy Disclosure: Held