KMD 3.23% 45.0¢ kmd brands limited

Ann: Kathmandu 2020 Interim Results and Equity Capital Raising, page-25

  1. 37,911 Posts.
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    there was only two ways to buy these shares:

    1. you were a shareholder yesterday

    2. you are a favoured client of the underwriters (the Equity Raising is fully underwritten by Credit Suisse Australia Limited, Jarden Partners Limited, Craigs Investment Partners Limited and Forsyth Barr Group Limited.)

    you can try buying shares on market at 50 cents each, starting tomorrow. since at least 124 million shares have been placed at 50 cents to new shareholders, generally, many of these shareholders will attempt to take profits

    the share could/should fall back to 50 cents
    Last edited by ddzx: 02/04/20
 
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