KZL
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0.00% 12.0¢ kagara ltd

nta 60c

  1. rebel1
    26,786 Posts.
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    04/04/12
    19:32
    Post #: 9943864
    In the report released last month it shows NTA of 60c...

    so the market curently pricing KZL at 15c is showing a 75% discount to the NTA as advised by the company...

    AUD falling... So that helps the company.

    What reasons is the market demanding the 75% discount?

    Some 10 million are still shorted...could that be the reason?
    I have 100,000 of these at 16c ave
    KZL Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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