KAU 13.8% 16.5¢ kaiser reef limited

Ann: Placement to a Strategic Investor, page-30

  1. 9,523 Posts.
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    Decent support for KAU today with one bidder in the market for 300k shares at 18.5c.

    anyone else wanting to buy will have to bid above that with more than 100k on offer at 19c or exercise some patience and hope the 300k bid gets taken out.

    the 300k bid was in the market yesterday, removed overnight and put back on this morning.

    one thing is for sure: it's a punter with deep pockets. If done in one line, the trade would be worth more than A$55,000.

    good to see such interest in KAU.
 
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