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Ann: Becoming a substantial holder-KNL.AX, page-72

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  1. spid81
    16,490 Posts.
    lightbulb Created with Sketch. 6987
    clock Created with Sketch.
    02/11/16
    12:31
    Post #: 20308331
    Could it be a third person jumping in while they can,
    the QTR announcement did say several, Currently we have 2.

    INSTITUTIONAL PLACEMENT
    During the quarter the Company raised $10.9m though a placement to institutional and sophisticated investors. This was completed at 23c per share. The placement was significantly over-subscribed and resulted in several major institutional investors becoming shareholders in the Company.
    KNL Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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