KRR 16.7% 1.0¢ king river resources limited

Ann: June 30 2018 options underwriting, page-168

  1. 1,743 Posts.
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    Ive never liked a CR being done at such a discount. It maybe good in some ways in some situations but not this time. Its not fair on longterm option holders who have to pay the 10c+ . Its bloody cheating because IF the sophs are privvy to information that we arent, or certain assurances us regular joes arent and that info is so good then why sell us short and let them jump the que.
    Its like lets say 10 or 20 of us regular joes on HC get together and pool our money into a fund then go hit management up and say "hey weve got a proposition for you."
    "We've got a mil or two to put in the hat if we can have a backstage pass please."
    I for one am staying the coarse here and not selling and will buy more under these que jumpers if i can. Dont get me wrong here but we did have a good performing option scenario playing out already for 12mil. I think it was too early to tell if they would be all taken up just yet. If Us and other market situations contribute to a drop in SP so be it. But i also feel some will sell in spite of this and aim to get back under 10c.
    When the next positive news comes out these new players can churn their new cheap shares in a way to gain more if they arent doing it already.
    Any backlash expected.
    Loyal LT and new SH planning on buckling in for the next year or two have been sold a bit short here imo..
    Well done by mngmt though on all other fronts.
    Gltah
 
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