It was (roughly) on this basis that I picked up some KYC on a punt, many months ago. Many months have passed, and the s/p has halved, so I'm looking at 50% loss on these.
Small companies are difficult for some reason at the moment, and anything that has anything at all to do with the financial industry is difficult. So for these reasons, I don't expect KYC to move any time soon.
I've said it before - apart from a few Yanks losing their homes - I really, truly do not understand why everyone is running around like headless chooks proclaiming the end of the world.
We've even had quite serious predictions of the DOW reaching levels of 400 (yes, only 2 zeroes). And this from chartists!! So they do look at history.
KYC Price at posting:
18.0¢ Sentiment: LT Buy Disclosure: Held
