KDR 0.00% $1.90 kidman resources limited

Ann: Trading Halt, page-323

  1. 322 Posts.
    This deal looks really confusing. Yes there are strategic benefits, but isn't it almost 50% EPS dilutive as ownership of half the project is gone? Let's forget about the gold assets for now, as the market sees this as a lithium play.

    I hope their announcement gives sufficient detail and a valuation summary table so that holders can see how it adds value. It may do, but I can't understand how.
 
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