K2F 0.00% 18.5¢ k2fly limited

Ann: Lundin Mining Contracts K2fly's Resource Disclosure Solution, page-6

  1. 529 Posts.
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    The flip side is that there is also the counter option where the the deal does not eventuate and we end up back at 10c.

    For example:
    - ACCEL-KKR could withdraw, think DND withdrawing from LNK offer after their own SP crashed in Canada and financiers got nervous. A new and accepted offer was ultimately well below what DND offered.
    - The FIRB rejects the takeover, or;
    - The SH reject the takeover.

    There is a broad market depth at 18.5c currently but as time passes the SP should creep closer to the TO offer. I for one am not going to hold out for the extra 0.5c as eg: 10,000 shares is only = $50. Happy to take the extra 100% capital I didn't have last week and mark it down as a lesson learnt.

    Each to their own of course and DYOR.
 
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Mkt cap ! $34.71M
Open High Low Value Volume
18.5¢ 18.5¢ 18.5¢ $743.6K 4.019M

Buyers (Bids)

No. Vol. Price($)
10 8236065 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 148869 1
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