Kenmare Resources Forum

it started well the buy price went up to 0.0090 then nothing happened went back down again it is very fragile at the minute and a bit of good news from the BOD of directors will make this rocket back up

Why the end of next week??

Delano47 are you hoping for an announcement in the next few days??

wow what another diabolical day for Kenmare Shares

tiny amount of people sell price goes down fast more people buy and the price stays the same :S can anyone figure that out?

I understand that i dont mind the company not being sold as i am not in it to make money from the quick sale. I would prefer the BOD to come out and reassure us that everything is okay as at present i am feeling a bit on edge as i am watching the share price dramatically fall day by day

ive noticed there are no big sales only small but there doing enough to bring the share price down. I have been adding to my share each day now as the price goes down but i cant keep adding as its only going down people need to start buying and the share will go up dramatically.

Everyone selling at the min is selling at a loss so why do it? :s

I think the BOD need to make some announcement to reassure its shareholders that everything is okay as the company has lost more than 60% of its value in 4 weeks!! and i am guessing everyone is in the same position as me that they can not afford to sell at these prices unless they want to take a massive hit on their investment

Alan The last release, as you indicate, was in late April. That is the most recent update I can provide and as this release makes clear, a number of pre-conditions were being addressed before this matter can move forward. Under Australian listing rules and the Irish Takeover Code, I am afraid I cannot expand upon the most recent market disclosure. What does anyone make of that? I thought i would email a few key contacts in Iluka and Kenmare to see if they could shed some light on the current decrease in share price.