RE: KAV Placing This Weekend @3p a share? Is it true?08 May 2022 09:20
KAV (Ben) presumably think that the news they have primed for tomorrow will support a share price in excess of 3p. Those invited to take part only have to decide if that is true (or likely, even) before committing. As to why not news first and then raise at a higher level, it never seems to work that way. Largely because those invited want "their pound of flesh" for funding. We can rail against it but this is reality. So, will the market like the KSZ news enough to push above 3p tomorrow or will poor sentiment send it lower? I keep coming back to Mike Moles buying over 9m shares at 4.5p earlier this year. If he is THAT confident, should I be too?
RE: KAV Placing This Weekend @3p a share? Is it true?08 May 2022 09:02
Quite possibly they will Unwise. But no one can profit from.this news as "insider" status ends at 7.00 tomorrow when the RNS is published. I wouldn't have leaked anything but as it is in the public domain now, I am happy to comment.