KSS 0.00% 10.0¢ kleos space s.a

Ann: Kleos Polar Vigilance Mission Launch Timing, page-24

  1. 1,181 Posts.
    lightbulb Created with Sketch. 167
    I have to disagree sorry. If you have that many shares, it is impossible to offload them quickly in such an illiquid market. Currently there are 55 buyers buying 322,818 shares, with the lowest price on offer of 40c.
    If you dump, your still holding 700K or so of shares and you've run the price down to 40c and halved the value of your holdings. Also you have sent a major scare through the market who then jump on board as someone knows something. And the rout begins. Not to mention the automated S/Ls.
    Next thing we are back to the 32c level. In which case you could have got the same $$s out by seeping shares into the market in the 90c's and made the same money by selling half the number of shares.
    Not to mention the fact you might have red flagged the ASX for insider trading or market manipulation.
 
watchlist Created with Sketch. Add KSS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.