KIM kimberley diamond company nl.

Probably buying for their hedge funds to pick up the relatively...

  1. 66 Posts.
    Probably buying for their hedge funds to pick up the relatively risk free 2c margin

    If there was a higher bid coming the market would probably have sniffed it and be trading at a premium to the 70c GEM bid

    UBS could be accumulating a nice stake that they could nogotiate with in the event of a new buyer coming in - any new buyer would need a large line of stock

    At this stage doesnt appear that a higer bid is imminent
 
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Currently unlisted public company.

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