NKP 0.00% 9.9¢ nkwe platinum limited

Hairybackit is a non event except for a few stirrers who have...

  1. 4,863 Posts.
    lightbulb Created with Sketch. 177
    Hairyback

    it is a non event except for a few stirrers who have run out of things to criticise management.

    NKP loaned CCC some funds. CCC issued shares in return.

    NKP sold all the shares at a profit.Interest on the loan was included in the transaction.

    CCC and NKP have a common director. That's why/how it was done. Looking after each other's interest at a time of need.

    Win Win for both companies.

    You will find exclosure in Annual Reports. All legal.

 
watchlist Created with Sketch. Add NKP (ASX) to my watchlist

Currently unlisted public company.

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