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Ann: Kibaran to raise $4.1m in oversubscribed placement, page-15

  1. 12,154 Posts.
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    depends on the IMMEDIATE news now...

    technically the sp always drifts towards the lower SPP as pavbar75 mentioned as many sell now to buy back in the spp later and get some coinage freed in the process but if the TK deal is announced next week then the sp could easily go much higher or if the Tanzanian govt gets its act together then we are in for a ride....

    also, if you have (say) 200K shares, you cannot sell them all as you can get only $15K worth in the spp so many factors to note...
 
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