Nic Bolton and KBC have their own troubles. Ironically 2 of KBC...

  1. 1,087 Posts.
    Nic Bolton and KBC have their own troubles.
    Ironically 2 of KBC large shareholders who own nearly 30% are rumoured to want Nic Bolton to liquidate and sell and return it's capital.
    KBC have a decent buy in price of around 15 cents in molopo but BEL on the other hand are closer to 20 cents.
    If they wait too much longer they may only get their money back.
    I suspect they bought in without proper diligence about the legal claims against Molopo totalling over 60 million $.
    Last edited by swami2: 31/12/14
 
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