KAU 3.03% 16.0¢ kaiser reef limited

Just did a bit of research on the share holding of the new...

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  1. 438 Posts.
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    Just did a bit of research on the share holding of the new substantial shareholder, from last year’s annual report, they have added a minimum of 3.8 million shares, at what average price?, an educated guess approx 18-20 cents range. It would have to be a minimum spend of $750k, lot of money to throw at a 20 million market cap company IMHO, you would need some degree of confidence in the future of the company.
 
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