KAS 0.00% 1.5¢ kasbah resources limited

logical negatives., page-4

  1. 86 Posts.
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    I agree the new director appointment announced today is important and positive.

    There is a very interesting line in today's announcement:

    'The timing of Ms Moeller’s appointment to the Kasbah
    Board is strategic.'

    I think is a meaningful and deliberate statement; the person who drafted the announcement said this to message the market that the company's priorities are in the right place. And I think they are...

    Re volume - I think this company has a liquidity issue as well, a big part of the share base it tied up in big chunks to big investors and there isn't much 'free float', so small volumes translate to big price fluctuations. I have no data to support that, I should say, just my feel.
 
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Currently unlisted public company.

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