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Ann: Bulk Sample Outperforms Block Model-KNL.AX, page-31

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  1. robbo24
    10,961 Posts.
    lightbulb Created with Sketch. 1768
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    14/04/16
    09:31
    Post #: 17499363
    This has been discussed a fair bit.

    The simple answer is that KNL raised more [potential] money by using a shares/options combo, and this resulted in less dilution for shareholders. As per this post http://hotcopper.com.au/threads/ann...2706536/page-26?post_id=17081125#.Vw7WLtIcyUk

    The only people complaining about the KNL CR being for $2m cash are people who do not hold KNL and come here to act belligerently Meanwhile, holders seem to be satisfied with management's choice.
    KNL Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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