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Ann: Completion of Share Purchase Plan, page-67

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spid81

16,500 Posts.

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18/04/19

10:29

Post #: 38195431
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Originally posted by unicrumba ↑

This a very good sign that we managed to raise the full amount.

We need to remember that cash is very tight and the SPP was to eligible holders, the norm with SPP's is the eligible holders sell some of their holdings to free up $$ to participate in the SPP, therefore most soph investors don't like SPP's as this means the SP stays close to CR level for some time.....in KNL's case there just wasn't enough volume after the cut off date, so it means almost everyone who participated did so by increasing their holding...and YES, apparently all Directors participated and all bar one took up their full entitlement...but this is unconfirmed and we should get official confirmation once new shares are issued.

2018 2019 The YEAR Of The KNL

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Morning Uni,

Do you know why CF only took part of his entitlement?

I assumed the director you were talking about was JC, where I couldn't understand why he wouldn't take up his full entitlement,

KNL Price at posting: 12.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 8.8¢		Change 0.001(1.15%)		Mkt cap ! $39.95M

Open	High	Low	Value	Volume
8.7¢	8.8¢	8.7¢	$3.068K	35.14K

Buyers (Bids)

No.	Vol.	Price($)
1	825	8.7¢

Sellers (Offers)

Price($)	Vol.	No.
9.0¢	76867	2

View Market Depth

No.	Vol.	Price($)
1	825	0.087
2	53255	0.086
3	118000	0.085
1	2500	0.084
1	62200	0.080

Price($)	Vol.	No.
0.090	76867	2
0.091	103204	1
0.092	39999	1
0.094	10000	1
0.095	58100	2

Last trade - 15.57pm 11/10/2024 (20 minute delay)

EGR (ASX) Chart

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Ann: Completion of Share Purchase Plan, page-67

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