KYK, ISX & Patterson research credibility, page-57

Hi Transplant

That CR you mentioned @40 cents was way back in 11/2015. Time goes quick!

Those institutional investors the took part in the placement would be long gone. Those guys wouldn't hang around once the trend shifted and the sp started to slide. Institutional mindset is completely different from the retail mindset.

Agree with your "there is a lot of upside to come". Not long now to we see some decent sp rerate, and lots of happy isx campers.

These investors taking a position recently & today, won't have to wait long for some good profits. On a plus side for the LTH, they'll have owned their shares longer that 12 months and would qualify for the reduced CGT if they do sell.

Either way, it's exciting times ahead for all concerned.

Cheers
Tradealot

http://www.asx.com.au/asxpdf/20151102/pdf/432nssjh37c8hz.pdf