KDL 0.00% 0.8¢ kimberley diamonds ltd

News: KDL Kimberley Diamonds to undertake non-renounceable rights issue, page-2

  1. 503 Posts.
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    Is it just me or is this a little weird.

    In December they have applied to be delisted from the ASX and now are having a rights issue, seems like poor timing. And I dont really like the prospect of being unlisted for saleability into the future.

    I dont hold this company but was looking for another diamond company but this seems to have had some hard times in the last few years and I don''t read anywhere where there is known light at the end of the tunnel.

    Is there something I am missing. Can current holders shed some light.
 
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Currently unlisted public company.

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