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KLL kalium lakes limited

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i hope you're right, obviously I'm no expert on what take over...

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jb206

4,822 Posts.

1274

07/06/23

14:41

Post #: 68175964
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Originally posted by boomeronrations: ↑

Sorry JB ,
But I don't see any lender allowing a sale of company assets to the sort of shell you describe.
Any assets that are in the company , stay there until the creditors say otherwise.
Assume this goes into admin and then liquidation , then follow the bouncing balls.
The present shares may survive at a massive dilution , because it is easier than transferring assets [leases , approvals etc] to a new entitiy.
But anything more than .1 to .2 % of the shares present price unlikely.

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i hope you're right, obviously I'm no expert on what take over can be stopped by senior lenders on a publicly listed company.
If a takeover was to occur, the lenders would be happy if the new buyer committed another $20-30million to see out the year.
Personally I'm just hoping for more dilution close to 2c

KLL Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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i hope you're right, obviously I'm no expert on what take over...

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