KMN 4.00% 12.0¢ kings minerals nl

rip kings minerals 2008, page-13

  1. 225 Posts.
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    I would not be surprised if the last few days bigger vol. of sell down came from the benefactors of Opus Prime (ANZ or others).
    Been an illiquid stock, they are slowly drip feeding into the market.
    Interesting to see reasonably big sell down to buyers but also big buys into sellers.
    Time will tell if someone or a company is buying in at this very tempting prices---come about primarily because the KMN shares has been confiscated by Opus Prime financiers.
    It is a hard call to make.
    I am sure most investors would know by now about the disposal or likely disposal of KMN shares by the financiers.
    Yet the price has been holding pretty well.
    I am keeping some spare cash ready to bounce if some shareholders panic and dump.
    Not sure if it will happen. Just my strategy.
    But if i think someone is actually collecting KMN in a big way at this price, I may jump in regardless.
 
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