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Ann: Trading Halt-KIN.AX, page-12

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  1. mr_delta
    12,191 Posts.
    lightbulb Created with Sketch. 1304
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    12/07/16
    16:50
    Post #: 18252043
    I doubt if this is going to be a "reverse takeover" of sorts out here by the junior player - sub $5m MC compared to ours - 5 times MHM's MC...

    I think MHM has a lot of cash reserves but no place to park it (sorry, not done any research on MHM, so I could be totally wrong here)... KIN on the other hand has one of the most compelling reasons to be invested in it... hence MHM probably has a WIN-WIN deal of sorts here for us...

    Thursday is not too far away.... our sp has been increasing because MHM has been buying 10% of the register which shows that they want probably a seat on the board and will invest directly/inderiectly into our upcoming project/s...

    just my 2c on the strange TH in both the counters...
    KIN Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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