I took a position in KTP at $24, as noted in my decision journal, this is really totally based on Tony from EGP's assessment of the business and its potential if it can successfully unlock the stranded asset in its timber resources on Kangaroo Island.
For more infor about KTP see this presentation,
http://www.asx.com.au/asxpdf/20161110/pdf/43csqg0t81tw37.pdfPrice taker, no moat.
HY1 18 Progressing slowly, EIS completion will be the next milestone
