KAB kaboko mining limited

key questions, page-40

  1. 2,485 Posts.
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    It is well known that shares can be pushed down in price by selling, thus ensuring more shares are obtained at a lower price when coys are in a vulnerable cash raising position.

    This coy has small to nil volume most days, so it can be very cheap to push down price, resulting in more share dilution required to satisfy the raising amount of $ needed.

    Last cap raising for shareholders saw price drift downwards from their anticipated 3.2c, to eventually be done at 2.2c. Why could this not occur again? okap was the benificiary of increased share issue.

    The volume for the previous 2 weeks trading for KAB was 2.037m shares. Not even $36k worth, not hard to move price. As to who would be doing this, it would only be those to gain. Will history repeat itself?....time will tell.
 
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Currently unlisted public company.

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