KAL 5.00% 2.1¢ kalgoorlie gold mining limited

placement discount, page-19

  1. 6,316 Posts.
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    BionicBoy,

    ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
    am not too worried but do think 30% discount on the SP for the 18 cent placement wasn't very friendly.

    Not a problem though if you're a believer...but it sure has made the traders angry.
    ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

    Spot on!!!!

    The company has maintained its here for the longhaul and they want investors.

    Can't blame them for that.

    I agree the placement was low.

    However, if the Selene results had of been better the SP would have gone for another run today with further hype.
    The placement would not have even been an issue and would have been seen to be a good idea rather than CR.

    Will see what unfolds in the coming weeks.
    Plenty to look forward too IMO.

    Cheers markco2



 
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