Not sure why KRB fp shares are so far down today-guess
its the vagaries of the market.
Can't see that situation in Ukraine or China should
affect our little junior.
As far as I'm personally concerned management remain on
track with their strategy and doing an excellent job.
We can't ask for more than that despite myself being under water at the moment.
Some people picked up real bargains today at 5.5/5.8 cents for the fp shares. The cash on hand of almost $12m
against only approx 80m odd shares gives a cash backing
of almost 15 cents for each share-quite remarkable situation.
My wish is that directors fulfill their aim for acquisition
of a reliable cash generating business.
The current option's price itself appears to have little or no time factor built into it.
My own strategy ?- accumulate whilst the prices are
depressed as before the year is out I'm confident there
will be a positive announcement.
Add to My Watchlist
What is My Watchlist?