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2.7¢ kaddy limited

I’ve noticed a sharp turn in your sentiment over the last month...

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shwibble

413 Posts.

34

06/11/21

23:24

Post #: 57373549
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Originally posted by steve10: ↑

30/3/2021 there were 1,666,108,371 SOI x 19.5c peak close = $324,891,132 MC.

Currently 2,110,170,739 SOI + 31,848,541 SPP = 2,142,019,280

Then on 1/12/2021 another 315,508,304 shares for Kaddy acquisition = 2,457,527,584.

$324,891,132 / 2,457,527,584 = 13.2c. 13.2c / 19.5c = 67.7% so 32.3% dilution.

Will be $479,217,878 MC at 19.5c SP now.

Could have been about 15% dilution if they waited for SP to double. Nobody was going to buy Kaddy within the next few months anyway.

And these after market announcements are the opposite of when they were pumping it with monthly updates.

Management has no experience being listed.

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I’ve noticed a sharp turn in your sentiment over the last month Steve. What’s your biggest concern?

DW8 Price at posting: 5.0¢ Sentiment: Hold Disclosure: Held
9 Upvote

1 Great analysis

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