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Ann: Kidman Resources Placement , page-4

  1. Haplo
    17,053 Posts.
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    23/12/13
    20:40
    Post #: 12737048
    The announcement stated it was terminated by Cygnet because of the All Ordinaries dropping more than 5%. However, the all ordinaries have bounced back from that recent low.

    I didn't fully understand the underwritten arrange so aew we (shareholders) better off without with the cancellation ?

    Thoughts ?
    KDR Price at posting: 19.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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