KSN 0.66% 7.7¢ kingston resources limited

Ann: Proposed issue of securities - KSN, page-4

  1. 632 Posts.
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    So who is buying into the $0.20 SPP? and why? if you're not buying in then that means:
    (1) you believe there will be opportunity to buy below $0.2
    (2) you have no cash
    (3) you are indecisive
    (4) you are holding onto a loss and hoping SP will rise soon in time for you to avoid capital gains tax.
    (5) your gambling + some other reason

    If number 1 is true then you should be trying to sell all your shares at $0.2 (at loss or profit) and buying in later below $0.2? I am personally stuck at options 3: indecisive which defaults me to option 5: gambling. Thank you KSN! Pretty sure you need to be running a team of metallurgists, geologists, mining engineers and capital market professionals to decipher this abomination that is Mineral Hill.
    Last edited by PetrStiff: 22/11/21
 
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7.7¢ 128550 1
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