KCN 0.30% $1.67 kingsgate consolidated limited.

You clearly do not understand, do you. The damage financially to...

  1. 73 Posts.
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    You clearly do not understand, do you. The damage financially to investors has been immense. Not only directly due to share price underperformance but as stated previously, via opportunity cost which is huge.

    They literally lied to the market when they took the loan from the pref shareholder.
    • Then they got into bed with the disaster of Taurus.
    • When Taurus found out KCN had lied to them too, they FREAKED out.
    • Then comes the capital raise. PS (We will only know the true cost of that capital raise when they have bought back all those shares, and we see the average price paid) It will be VERY EXPENSIVE
    • And most recently, this catastrophically expensive loan for simple "cash flow"
    • And to take bonuses on top of this all is MIND BLOWING

    Your simplistic attitude or argument about what lies ahead is very simpleton like. The fact that things might go ok (if they don't F it up) does nothing to erase what they have done.

    That is the WoodFr0mTrees
 
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