KDR kidman resources limited

Shorters take note, page-53

  1. 1,349 Posts.
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    Perhaps, one should consider stop-loss sell order and come back at a lower price. From what I can see, the cash position is weak. If KDR decides it's time to do another capital raising as payment from SQM does not come in time, the stock price will be crushed again to a much lower level. This big drop on top of already down trend for weeks probably will trigger inquiry from ASIC. If the selling is from insider's intention to do capital raising, we are in pain for months from now with crushing down trend. One has to be very cautious on buying the dip.
 
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