Australia's largest stock trading and investment forum Australia's #1 stock forum

KDR

Click for more information

0.00%

$1.90 kidman resources limited

Oh! And just to complete the picture, although it was an...

First 7 Last

Share
Profile

Follow
wingedwarrior

6,714 Posts.

1395

14/06/19

07:23

Post #: 39052540
Share

Originally posted by wingedwarrior ↑

I believe the TO has a 60/40 + chance of success. However, its the attitude of the KDR board that concerns me the most, especially if the TO falls over and no bother bidders appear. They seem to have lost the appetite & drive to take this project past the current impasse stage and into production as originally intended. I'm not even sure that SQM are still that eager to get cracking either for some reason? Maybe they want a JV partner with a fatter wallet and willing to play a lesser role?
As a precaution, I off-loaded a few KDR yesterday and found it interesting that while many algo sales are happily being processed at $1.887 or $1.885 in ridiculously small quantities, my own order attempt was not permitted with an SP over $1.85 and less than $1.90 - had to settle for the lower $1.85 to get my particular sale accepted. Another example of rules for some and the the level playing field I guess!

Expand

Oh! And just to complete the picture, although it was an instantaneous sale for my parcel of 15,000, it involved 19 tiny sales purchase orders! Heavens! What games!

KDR Price at posting: $1.89 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

C29

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

QHL

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

PFE

Pantera begins drilling of maiden test well at Smackover

There are more pages in this discussion • 44 more messages in this thread...

First 7 Last

Add KDR (ASX) to my watchlist