Originally posted by Kiwisfly9IMHO, Normally directors or officers will increase the holding to strengthen their position to fend off or support hostile takeovers etc. DYOR.
On another positive note, we now have an extra 173 000 in the kitty now too.
Any one on the thread familiar with Kidman resources!
It seems the capping of share price and poison pill by board to raise the equity to expand the resources, all are indications for some bigger player is in the ring trying to control the resources.
I commend the board and management for their efforts and involving international equity to fend the take-over attack and putting a floor on share price with options at 45c.
$1 written all over it in coming months due to massive demand of Li by 2024. It will be not a long drawn battle due to timing and demand spike of Li.
Cxo could continue with gold in future. IMHO, GLTAH.
Originally posted by Kiwisfly9 On another positive note, we now...
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| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $646.7K | 6.441M |
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| No. | Vol. | Price($) |
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| 2 | 120000 | 10.0¢ |
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| Price($) | Vol. | No. |
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