KMN is such an illiquid stock ANZ will find it hard to dispose of 20m shares without taking big losses. Now that it is public knowledge what amount they are holding in their chest, no one would be in a hurry to buy into the sellers. The last trade of 164 shares at 31 cts may be a reflection of what they can expect. The most likely outcome is someone (individual or companies) taking big blocks off their hand with a discount in price.
KMN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held