It doesn’t matter if they see it as undervalued and make the most of it.. that is literally what we ALL do.. Fact is there is very little that people should be complaining about here and I can only assume that there is dissapointment with a little dilution and options or something. Kingfisher will be looking for 50%+ ROI OR possibly in for LT dividends, the options in money @ 50c/60c+ will be a substantial move up from where we are now.
In the coming days/weeks we’ll have another $5m working capital which should push the SP well up over 40c (probably next week)
Also if you extrapolate out the thinking behind the higher end options.. these guys are picking we hit 70/80/90c SPs
Much happier we raised from KFCap over The typical crowds
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