KBL 0.00% 0.1¢ kbl mining limited

Ann: Revenue Generation Recommences-KBL.AX, page-188

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  1. 5,482 Posts.
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    Not daily that's different , last 5 or 2 days ,then 85%
    So say last 5 days before the latest 3b they managed to close it at 0.6-0.5-0.6-0.5-0.6
    Vwap is 0.0056 : 5 = 0.056 x 85% which is the discount = 0.00476
    See previous c/n's when it in fashion few months ago and you ll get the idea...

    Now if the price was 0.007-8 they would still get discount but less shares for them , less money and harder to sell...that's why u seen it dropped from 0.008 to 0.005 in 4-5 days..
 
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