KEN 0.00% 1.3¢ kuth energy limited

re: Ann: Underwritten Non-Renounceable Rights... Well I've got...

  1. 165 Posts.
    re: Ann: Underwritten Non-Renounceable Rights... Well I've got to say this is a superb way of raising the necessary capital (quite possibly the final time) to further progress all projects, but primarily Vanuatu which all going well will provide a revenue stream for the future.

    The best thing in my view is that Vanuatu requires electricity regardless of the state of the global economy, well within reason of course ;)

    As an existing shareholder with a long term view of the company I must say I am delighted with impact or lack thereof on shareholders and fully intend taking up my full entitlement. Importantly for those long term holders whom paid much higher prices for their investment they now have the opportunity to "lower their average" so to speak without fear of dilution. Provided you still believe in the company/board.

    Terrific work the Kuth Board.

    Paper Tiger
 
watchlist Created with Sketch. Add KEN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.