Reckon we will settle at about the 7.8c we were before the deal was struck.
I guess the question is then, how good are their prospects from here? They seem to have a few good projects on the go, but nothing seems company changing.
They have had plenty of time to eye off some bargains too.
I have liked their no fuss and no bull dust management style. Unfortunately, their share price is still well below what many punters would need to break even.
There will be further selling.
Milesy
KRB Price at posting:
4.7¢ Sentiment: None Disclosure: Held
