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Ann: Annual Report to shareholders, page-10

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RooBendigo

883 Posts.

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29/09/18

14:29

Post #: 35928986
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Originally posted by whyyyyyyyy ↑

Cheers for the link but Im not convinced KIN fits the description and trying to avoid prejudice from shareholders is not a valid reason for the exemption.

What is ‘unreasonable prejudice’? We think a useful approach to considering whether the publication of information would result in unreasonable prejudice is to identify the adverse consequences that are likely to occur (i.e. the prejudice), and then consider whether these consequences are unreasonable. We suggest that the consequences would be unreasonable if, for example, disclosing the information is likely to give third parties (such as competitors, suppliers and buyers) a commercial advantage, resulting in a material disadvantage to the entity.

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I assumed it was about protecting KIN holders from SP manipulation prior to any CR by making it harder to guess when CR might happen. If they hang on to the remaining Sprott money they can wait quite a while before raising $...

KIN Price at posting: 10.0¢ Sentiment: Hold Disclosure: Held
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Last 6.7¢		Change 0.000(0.00%)		Mkt cap ! $109.7M

Open	High	Low	Value	Volume
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Price($)	Vol.	No.
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2	214999	0.067
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1	15600	0.064
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0.067	498	1
0.068	128000	1
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