KRL 0.00% 14.5¢ kangaroo resources limited

price drop explanation!

  1. 63 Posts.
    I know for a fact that a lot of so called sophisticated investors at the last 7 cent placement have only in the last week been given access to their shares.The temptation of taking a 300-400% profit seems to have proven to much today,especially when there was some smart capping going on which probably led to panic selling.Cant blame anyone for taking a 350% profit,do not expect to see KRL above 25cents till the strong hands have their fill or production begins.No other announcement will be able to move this share North given what has been announced prior to this.The time for seduction has ended,the time for production must begin.Im hoping for the latter as we have all been promised!Still a buy under 25cents as other holders have mentioned.
 
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