TSXV:KEN.H - Post by User
Comment by
netstarson Jun 21, 2017 9:07am
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Post# 26386486
RE:RE:RE:Disappointing
RE:RE:RE:DisappointingIMO, this is a case of "sell on the news". JVL.H, which morphed into KEN with a 2 for 1 share consolidation at the end of March, traded between 5 and 15 cents a share. JVL.H shareholders are in for 30 cents a share or less. News like yesterday's creates trading volumes that permit them to sell their shares for a 33 to 50% profit. 1.3 million shares traded. There is lots of buying interest at these levels. Once the JVL.H shareholders who want to go have exited, we should see share price appreciation.
GLTA