KIM kimberley diamond company nl.

less time equals more gain, page-25

  1. 1,219 Posts.
    My reading of the fine print is that if 90% of the
    KIM's shares are in GEM 'bag' when the offer
    closes on 2 November, I'll now get my money
    seven (not 21) days later ie on 9 November.

    But what happens to my shares (or money)
    if the 90% trigger is *not* reached by
    2 November remains a mystery.

    GEM might extend the offer's closing
    date or I might get my KIMs back.

    But me having neither my shares nor
    my money (while GEM has both)
    is irritating - but predictable
    given the way GEM drove
    down KIM's price then
    offered to buy KIM
    for a pretend
    premium.

    Which I accepted (bent over a barrel) as
    the best way to get shot of KIM and GEM
    and get back to focusing on public
    companies with integrity.

    When all else fails...



    ... try group therapy.
 
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