A proper and full discloseure as for the reason for the repeated delays is what is required. The explanation in the QR was another insult to retail shareholders. I can not but help believing that all is not what it seems.
NKP is extremely speculative. To suggest that such a stock is a 'place in the drawer and forget' is extremely naive.
I am resonably confident that Xstrata, NKP Management and the BEE entity will eventually do well. One group not nearly as well may be retail shareholders. Maybe a few crumbs if lucky.
NKP Price at posting:
56.0¢ Sentiment: None Disclosure: Not Held
