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.
KAS Price at posting:
8.1¢ Sentiment: Buy Disclosure: Held