Kenmare Resources Forum

am i right in saying that the budget plan to lender has to be with them before 31st January 2016?

how has a company that has a value of over £500 million have a market cap of £14.88 million

I have to agree with Delano47 the FCA should investigate this because it is not right what has been happening. How is MC still in a job i have never seen a share price drop so much in so little time and have no comment from the company it is baffling to me how they can sit back and let this happen to their investors.

is there anything us shareholders can do to push a comment from the BOD ? Or is that something they do off there own back as common curtosity to their shareholders

I agree wynyardman i cannot understand what is happening! I keep praying that one morning i am going to wake up and it was all just an awful nightmare and the share price goes back to normal.

another good day for KMR and another day with out any news from the BOD

what is the point in selling and buying 100 shares? and even 5000 shares which happens regularly

so why all the low sells and buys?

out of curiosity does any one else believe that KMR is having its share price manipulated?

Lure and Squeeze: The way it works is a company is very distressed on paper, with impossibly high debt and consistently high annual losses, but very few assets, making it look as if bankruptcy must be imminent. The stock price gradually falls as people new to the stock short it on the basis of the poor outlook for the company, until the number of shorted shares greatly exceeds the total number of shares that are not held by those aware of the lure and squeeze scheme (call them "people in the know"). In the meantime, people in the know increasingly purchase the stock as it drops to lower and lower prices. When the short interest has reached a maximum, the company announces it has made a deal with its creditors to settle its loans in exchange for shares of stock (or some similar kind of arrangement that leverages the stock price to benefit the company), knowing that those who have short positions will be squeezed as the price of the stock sky-rockets. Near its peak price, people in the know start to sell, and the price gradually falls back down again for the cycle to repeat. or maybe this is happening?