KAB 0.00% 0.1¢ kaboko mining limited

santoo, please dont tell me you still havent understood the...

  1. 500 Posts.
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    santoo, please dont tell me you still havent understood the definition of illiquid, its been explained to you umpteen times, and you still seem confused about it.

    illiquid - means negligible volume of shares being traded so you cant get out easily if you have a large holding. you only have to look at the daily volume of KAB to see that is a very illiquid stock.

    dont confuse it with insolvent-- meaning they dont have the money to pay their bills.

    KAB is definately illiquid, and close to being insolvent, unless the Noble deal comes through.

 
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Currently unlisted public company.

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