KBL kbl mining limited
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Why has KBL been smashed, page-3

  1. billc3012
    1,674 Posts.
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    18/03/16
    11:52
    Post #: 17309478
    Newly issued shares to pay suppliers seem to be dumped on market and so price falls. Stop losses are hit so there are further sales

    Suppliers need cash to pay wages etc, so they need to sell.

    Buyers know this is happening, so wait for price to drop.

    Yes I think it is a cheap buy and have bought again today and yesterday.
    Last edited by billc3012: 18/03/16
    KBL Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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