KRB krucible metals limited

Not sure why KRB fp shares are so far down today-guessits the...

  1. 899 Posts.
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    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.
 
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