where the placement stock went

It is my understanding that the majority of the recent placement went to a new boutique broking firm called Oracle Securities... I just checked out their website at http://www.oraclesecurities.com.au/

Apparently they also took part in the previous capital raising at 25 cps, held onto it and have continued to buy on market since..

It would seem that Nkwe Platinum have been a little more selective in who they allocated this recent capital raising to, with an emphasis on long term holders and supporters of the stock.

With a very exciting 4 months ahead for NKP we may be pleasantly surprised to find that this current 37.5 cps capital raising gets held onto and is followed up with strong on market support. Current strength certainly would indicate that.