K2P 0.00% 18.0¢ kore potash limited

Ann: Change in substantial holding, page-13

  1. 1,271 Posts.
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    Hi Gareth3h,

    Given the markets for spec shares and the high CAPEX requirement here I see it all as a positive. If they hadn't been buying the share price would be 10 - 13 cents I think.

    Dingyi have done a great job of tightening up the register. Very professionally done so far. If they decide to keep buying up to 20% prior to making a bid the share price will be ~30 cents easily. So they might not even wait until they have 20% to make the bid because the danger is the price will be too high from which to launch the bid. Better to bid from a lower price to make the offer appear more attractive.
    Last edited by radioactive: 23/12/14
 
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