Divide the $6.3m Capri loan and interest amount outstanding in the last quarterly cashflow report by the amount of new shares issued to Capri today (14,910,341) as stated in the SQM agreement announcement.
KDR directors will need to answer why it's more generous than the $0.54 issued to WSA and the $0.678 convertible price offered to SQM for the credit/loan. It would have been better for "all" shareholders to have paid the Capri debt back in cash IMO. Or come clean on what the convertable price was in the Capri loan agreement.
KDR Price at posting:
83.0¢ Sentiment: Hold Disclosure: Held
