KDR 0.00% $1.90 kidman resources limited

Re KDR Chart, page-5755

  1. 147 Posts.
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    Does anyone find it strange that the last Broker Presentation before the recent JP Morgan update was on the 14th May 2018 at the Deutsche Bank conference in Singapore?
    Also, the presenters at the JP Morgan update seem to be those that have technical skills in talking about the deposit and process, not the salesman like CEO. One has to wonder whether this was a precursor to JP Morgan understanding the story of SQM's or other parties interest in taking out the entire Covalent Deal.
    Are JPM Corporate Advisers to SQM or other Parties wanting to make a T/O ?, seems strange that the roadshow of what is a great story stopped at JPM.
    The short is also of interest - 32 million shares borrowed - from whom ? Certainly not retail investors they would have needed to sign a stock lending agreement and that ain't going to happen for collectively 32 million shares. The short sales seem to have been made right down to the bottom end of the collapse in the share price not your typical sell high buy low. The last Top20 update had an increase of 32million shares owned by TOP 20 from previous year, Mmm
    Any low ball bid could get interesting if Shareholders ain't happy, that's of course if a T/O is going to happen.

    AIMHO


 
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