i suspect that kal is suffering from those 1.5m shares that came out of escrow a few weeks back. maybe someone needed the cash. certainly been sold off on nothing so no doubt that the selling has been overdone here. they have had a strong resource upgrade and on the cusp of laying out how they intend to exploit it. lots of news to come in next four months before options expiry so i expect the kalo buyers this morning at .01 to reap big rewards in coming months .... a risky play, but management need the options money and have shown in the past that this is a volatile share which moves up strongly on good news. mark my words. they will furnish some ...
KAL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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