Market's view on Kinovo Plc
Published on April 2024
- A stock watcher highlighted issues with Interactive Brokers for trading AIM-listed stocks, noting that it lacks over-the-counter trading, which is crucial since these stocks often trade non-electronically.
- Another stock watcher expressed frustration over not getting filled even with a better offer on the AIM market using Interactive Brokers.
- Discussion included a potential cancellation of a final project with the company in negotiations, and concerns about transparency regarding the negotiation figures.
- There was a mention of an additional purchase of 44k shares at 40.7p, which is below a recent indicative offer.
- Stock watchers debated the financial management and outcomes related to the disposal of DCB, questioning the accountability and decision-making of past management and their handling of financial losses.
- There were conflicting views on whether the previous or current CEO and Chair were responsible for the mismanagement of the DCB disposal.
- A stock watcher mentioned a sharp stock price drop of 6% in one day.
- It was suggested that poor handling of project agreements and oversight could result in significant financial repercussions for the company.