KIM kimberley diamond company nl.

new higher bid

  1. 66 Posts.
    Probably buying for their hedge funds to pick up the relatively risk free 2c margin

    If there was a higher bid coming the market would probably have sniffed it and be trading at a premium to the 70c GEM bid

    UBS could be accumulating a nice stake that they could nogotiate with in the event of a new buyer coming in - any new buyer would need a large line of stock

    At this stage doesnt appear that a higer bid is imminent
 
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Currently unlisted public company.

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