Thanks for nothing ASX. Kin has had a booth at the RIU explorers conference for the last two days, before today's presentation. Leah Moore was on the booth. For all the reasons in the presentation unsurprising that investor interest would see KIN rerating.
Not only has ASX damaged KIN's commercial position by forcing it to reveal discussions which were too preliminary to amount to anything, the whole process has killed the momentum and interest KIN was getting from the RIU booth. Clearly the SP had nothing to do with any deal being sounded out. Should have been clear to the ASX that there was an obvious reason for the increased buyer interest.
My opinion.
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