Market's view on Kazera Global
Published on April 2024
- Concerns expressed over potential manipulation of the company’s share price due to minimal trading volume and the company’s low market capitalization of £5 million, which could potentially allow the company itself to influence share prices in either direction.
- Discussion about the company’s poor communication, with stock watchers feeling left in the dark regarding significant matters such as payments, licences, and operational updates which contributes to volatility and uncertainty in the share price.
- Speculation about insider sales, where previous stewards of the company, who supposedly benefitted significantly from loans and warrants at favorable prices, might be selling their positions, contributing to the share price decline.
- Bets being placed on the company’s permit issuance, with expectations being set by management but frequently missed, leading to disappointment and detrimental impacts on the share price.
- Comments on possible unethical practices within the permit issuing process, mentioning that bribery could expedite permit approval.
- Mistrust in the reliability of positive news from the company, with stock watchers voicing concerns that recent positive tweets may be a setup for impending bad news regarding key business aspects like diamond operations or mine sales.
- Observations about wider market trends affecting small cap and natural resource funds which could be influencing the company’s stock performance, aside from company-specific issues.
- A general sense of impatience and frustration among stock watchers regarding the awaited “transformational” changes promised by management, which have yet to materialize, leading to a continuous state of skepticism and apprehension about the company’s future.