I was assured by phone yesterday that the Coy is now breaking even and has no plans for capital raising. I was pushing on this this because we are all getting a bit jack of the dilutionary factor.
The recent SP for a COY that IS worth a lot lot more has to be attractive to a takeover merchant. I hope this is not the case as I want to get full value for my shares in the long term.
Another thread said one of the directors died last night. Can not imagine that would bring on a trading halt though?
The announcement I was expecting was a revision of the KDC position and valuation.
KIM
kimberley diamond company nl.
I was assured by phone yesterday that the Coy is now breaking...
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