There appear to be so many bids at just below the present price that one has to consider this is an excercise by someone to bring the price down. There is not a lot of volume and if anyone has a few extra dollars lying around it might be a good time to buy and maintain the SP at a reasonable level.
I just bought 50,000 shares this morning and it pulled the price back up to .085 from .08.
I hate the thought of this being manipulated to obtain a lower take-over price but it could well happen. As with Freewest, and as with Spider - we may see some pretty insulting bids.
We have to hold out for a reasonable offer and the management to date have done all they can to keep KWG as a good investment for all of its shareholders. We have to be there to support the company through any takeover offer that does not recognize the value of the company (holdings, railroad, Cdn content, local goodwill, etc)
And don't be surprised if the wrong people are selling shares to themselves at lower prices through different brokers to manage this price down.
This is all IMHO...
Wishing