Australia's largest stock trading and investment forum Australia's #1 stock forum

KBL

Click for more information

0.00%

0.1¢ kbl mining limited

Shareholder Interest Group (Revolt-ing), page-12

First 12 Last

Share
Profile

Follow
bobbyY

369 Posts.

8

20/08/16

14:13

Post #: 18565180
Share

Originally posted by Stevienix1 ↑

Actually the discussion is about invoking a clause in the note holder document that works to the advantage of the shareholders. It is a clause that the note holders agreed to so why the squeeling now that the advantage is in favour of the shareholders. Makes me wonder what the note holders would have done if say the share price was $2 and someone made a compliant bid at that price? I doubt they would have forfeited their right to convert at 38 cents or so??!

Get off the self righteous horse, the note holders took a gamble and it hasn't worked out. If management were true to shareholders they would play the hand they have to the best interests of the shareholders not the note holders. Instead management are rimming the shareholders in order to deliver control to the note holders.

Expand

Took a gamble? You got to be kidding.What price the shares now?Trickery and the slight of hand seems to be rampant in this company. If screwing the note holder is the only plan some kbl shareholders have to save the day there is no future for the company.You have a very weak hand my friend.

KBL Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

DLM

Biome reaches intellectual property milestone in strain development program

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

HAW

Yangibana 33% complete says Hastings, as it provides clarification on funding

Neurizon sets out to capture the market in neurodegenerative disease therapies

RSG

HotCopper reacts as Resolute Mining told to pay US$160M if it wants its CEO back

There are more pages in this discussion • 23 more messages in this thread...

First 12 Last

Add KBL (ASX) to my watchlist