I'm taking a slightly different view. I seriously think this sp...

I'm taking a slightly different view.

I seriously think this sp is being played - either that or we have too many holders who have no confidence in the stock. The trouble with the latter proposition is that it defies logic when you look at the anns and the fact that we have an incredible graphite resource on our hands.

My approach is to sell now, book a loss of 15% odd (hurts, yes) and I wil buy back in over the next few weeks when we revisit the 30s.

I'm not exposing capital to a stock where the sp movements defy reason. Did that with LYC and even with the long-awaited release of their TOL in Malaysia the sp is below where many people bought in. I'll invest elsewhere, off-set my losses a little and come back with a larger order (volume wise) in a few weeks.

Only putting this out there in the interests of transparency because I have been (and remain) a big fan of KNL and like its L-T potential. I'll be back...