KNB 0.00% 1.6¢ koonenberry gold limited

News: KNB Lion Selection Committed To Invest A$2.75M Across Three Investments, page-5

  1. 1,783 Posts.
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    Total MC is 3.58M after today. Up 60%. Why I don't know. 615.7K traded.

    Entitlement offer at 1.4 comes on market 24/04/2024, to raise 1.65M.

    So buy today at 3.2, when in a weeks time, buy at 1.6.

    Doesn't make sense to me. Maybe someone didn't read announcement right.

    Oh well, if they want to buy some of me at 3.2, that's great.

    Entitlement offer was 6 for every 7 held @ 1.4, plus 1 free option for every 2 new shares.
 
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