Looks like a lot of holders took the opportunity to average down / avoid dilution / top up. I was glad to see very few left for the underwriter ... could have been seeds of future disgruntlement if Delphi took a big parcel followed by a rise in the SP. This way small shareholders had a good opportunity, including up to 500 000 shortfall shares if they wanted. Also, better not to have one shareholder go the 25%, which was on the cards. So a good result.
Geophysics results should be announced soon, I am thinking. I am keen to know what they can see of the known ore bodies under the transects and what they can seen deep below ....
KIN Price at posting:
4.4¢ Sentiment: Hold Disclosure: Held
