KAI 4.35% 1.1¢ kairos minerals limited

Ann: Capital Raising Heavily Oversubscribed and Company Update, page-31

  1. 1,871 Posts.
    lightbulb Created with Sketch. 67
    from their announcement.

    " Heavily oversubscribed share placement comprising 90M shares at 1.9c to raise $1.71M, with a free 1-for-1 attaching option.

    There's quite an incentive to sell for 30% profit and still retain free carried options.
    Guess people buying here should with caution unless great news comes out.
 
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