This placement is an interesting one because unless I am missing something, it doesn't appear to be a slam dunk 20% gain because the issue price is actually at .001. What it suggests to me is that someone is genuinely taking a risk on the share price of KBL as opposed to churning.
This placement has got my attention in a positive way
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- Ann: Appendix 3B-KBL.AX
Ann: Appendix 3B-KBL.AX, page-3
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