KSX 0.00% 1.5¢ karmelsonix ltd

Upto 50mill shares was the resolution and at 80% discount to...

  1. 750 Posts.
    Upto 50mill shares was the resolution and at 80% discount to vwap over the last week. I believe the price will be set at 19 or 20c and would be a good move to go into a halt tomorrow as I am told funds are well and truly committed by funds and sophisticated investors.

    If that happens ksx should come back on around Wednesday......hopefully the dust will settle in the equities markets by then.

    Either way recent new investors have long term outlook and are in the tightening up process, boxing up loose stock.......good luck to all long term holders, big company in the making:))
 
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Currently unlisted public company.

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