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I have recieved a reply from KCN re-their share price move [19% down
since early dec].
They cannot provide investment advice, and suggested my broker
assist, I asked myself and am none the wiser.
Then they suggested that the price decline was affected by the
volitity in gold price.
I can still see nothing wrong with it as a company, the 1/2 yearly
results are to be issued on the 23rd of feb I will keep you posted.
I was encouraged to get a reply.
They can be a bit shy the other side of the ditch, over the
christmass break I emailed "shares" magazine as my reply paid letter sent
to them for a subscription was returned, due to lack of postage, it was
obviously only for Aussie residents, no reply no acknowledgement,
customers can be such nusciences, so it is nice to get some helpfull
comunication.
Allan. |
See IRG research reports
