KDR 0.00% $1.90 kidman resources limited

Ann: Kidman and SQM to form Mt Holland JV, page-66

  1. 98 Posts.
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    As a holder I am most happy to be proven wrong... most happy to be proven wrong... but of all the possible announcements (forward offtake deals / POS processing deal etc.) this is not a good outcome to come now, just when the potential to get more institutional investors is finally opening up. Fancy taking this offer now which values the company at 25% more its current market cap, when the market cap was otherwise about to explode. I had my doubts about the management who "almost" sold the rights off for less than the money required for a house deposit. This is a kick in the guts.
 
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