I'm a KDR fan from early on. Aquired at 57 cents. Have to say on the recent rally up I lost my nerve and sold out completely at $1.49 last week. My reasoning was that sitting on such a large gain, contingent on a Minister's decision as to whether it progresses as planned, on a technicality, moves the holding from investing to gambling. KDR has got itself Into a very strange position. I also read the Chairmans AGM speach carefully. It has been worded extremely carefully on the topic.
The downside risk on a negative verdict is far higher than the upside risk from a positive decision. I do believe the Minister's decision will be positive. And when that decision comes im the first buyer (at a higher price), but letting that gain disappear on a negative outcome to me does not make sense. anyway sorry but I'm out for now. I hope truly that the Minister gets this sorted for all. when they do I'm buying (at a higher price).
KDR Price at posting:
$1.24 Sentiment: None Disclosure: Not Held
