Ann: Fundraise of US$1,281,000, page-9

First 9 Last

Share
Profile

Follow
Jbracer

10 Posts.

2

05/07/24

20:13

Post #: 74632311
Share

Originally posted by Quest09: ↑

it's a bit complex because we trade across at least 3 exchanges.

kp2 is officially registered as a UK company, and officially trades on the UK's AIM exchange.

in aus we don't actually hold original shares, we trade in CDIs which are equal to original official shares but are not.

as KP2 deals across various currencies, they also use USD to standardise the currency conversion.

it's a bit complicated, took me ages to make sense of it, but it does work out when you work through it all.

the raise at a 25% discount however is a point which you have correctly identified. that you can question, but not sure we can do too much about it. retail always get screwed a little, but if this deal gets done we should all be way in front relative to our entry price.

Expand

Hi, for those of us that hold shares on the asx which you are calling CDI's do we still get dividins?
Cheers

Originally posted by Quest09: ↑

it's a bit complex because we trade across at least 3 exchanges.

kp2 is officially registered as a UK company, and officially trades on the UK's AIM exchange.

in aus we don't actually hold original shares, we trade in CDIs which are equal to original official shares but are not.

as KP2 deals across various currencies, they also use USD to standardise the currency conversion.

it's a bit complicated, took me ages to make sense of it, but it does work out when you work through it all.

the raise at a 25% discount however is a point which you have correctly identified. that you can question, but not sure we can do too much about it. retail always get screwed a little, but if this deal gets done we should all be way in front relative to our entry price.

Expand

KP2 Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Making money: How many microcaps should be in an investor's portfolio?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

There are more pages in this discussion • 1 more message in this thread...

First 9 Last

Add KP2 (ASX) to my watchlist

(20min delay)
Last 6.1¢		Change 0.002(3.39%)		Mkt cap ! $41.95M

Open	High	Low	Value	Volume
6.0¢	6.1¢	6.0¢	$67.84K	1.123M

Buyers (Bids)

No.	Vol.	Price($)
1	2625	6.0¢

Sellers (Offers)

Price($)	Vol.	No.
6.1¢	484796	2

View Market Depth

No.	Vol.	Price($)
1	2625	0.060
2	1000000	0.059
2	500437	0.058
1	437	0.057
1	1000000	0.056

Price($)	Vol.	No.
0.061	484796	2
0.062	1023880	2
0.065	1032437	3
0.066	3062	2
0.069	30000	1

Last trade - 16.10pm 31/10/2024 (20 minute delay)

KP2 (ASX) Chart

Ann: Fundraise of US$1,281,000, page-9

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Making money: How many microcaps should be in an investor's portfolio?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Fundraise of US$1,281,000, page-9

Top Stories

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

Aussie inflation seemingly hit a 3 year low. So why's the ASX200 red?

Making money: How many microcaps should be in an investor's portfolio?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News