Completely agree with your investment thesis! Only thing - I'm not sure if the share price will climb back up to 8 - 9 cents in the short-term as the market wants clarity on the (likely) upcoming capital raise. Of course, a strong result for the last quarter of FY20/21 could prompt a share price spike, but it would need to be a belter.
I also see a strong chance for one of KYK's partners (e.g. BAE Systems) to buyout KYK. However, any offer below 12 - 13 cents would be under-calling KYK's long-term potential.
- Forums
- ASX - By Stock
- KYK - Good Turnaround/ Recovery bet
Completely agree with your investment thesis! Only thing - I'm...
-
- There are more pages in this discussion • 68 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KYK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online