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2.7¢ kaddy limited

Ann: Notice of Annual General Meeting/Proxy Form, page-32

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LiefiX

1,142 Posts.

131

17/11/22

21:21

Post #: 64842505
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Originally posted by MrLongShorts ↑

Basically it's market cap is at 7m. currently!
when this consolidation happens this will tank to .03c = 4.5m MC.
The question current SH's should be asking themselves is;
When this consolidates there will be no great fluctuations in price because of the low shares at issue!
Management will then issue more for a capital raise, plus performance shares for themselves to increase thier holdings at the cost of shareholders.
It's going to be a bloody long time till you see any return. basically this stock is rubbish along with management!

IMO I believe this will end up delisting and being sold privately to existing executives and directors, and maybe a couple of years be back for an IPO. To add a laugh, Deanyboy, back as CEO! - Long shot, I think his career is over for asx companies but maybe he might be a client - That owns a bottle shop and buys from KADDY.

Good luck all, personally if you have some shares sell 'em and by yourself a bottle 21years scotch, and open it when this stock goes under!

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All one big fat scam designed to ruin the people that supported the business.

Retails and sophs for ruin.

DW8 Price at posting: 0.2¢ Sentiment: Hold Disclosure: Held
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