KDY 0.00% 2.7¢ kaddy limited

Ann: Share Purchase Plan, page-63

  1. 413 Posts.
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    This SPP has been an absolute shambles, and hugely detrimental to the short term SP.

    First insight into some pretty poor management by the Dean and Co in my opinion.

    5.3c …. With a raise at 5.6c. Who would have thought? Many who were chomping at the bit to get in on the raise now turned too fearful to buy on market at such lows.

    That said, other than some short term pain and dilution to our holdings, has the overall product changed dramatically for the worse? Have the fundamentals changed? If anything, I’d say we are better positioned now than we were 6-9-12 months ago.

    Who is willing to swim against the tide and top up? I will, if I can free up some cash.

 
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