KRE
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0.00% 6.9¢ kimberley rare earths limited

Rodney, firstly NAV holders will only get 1:20 shares...so...

  1. TheDhon
    776 Posts.
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    18/06/11
    12:04
    Post #: 8555935
    Rodney, firstly NAV holders will only get 1:20 shares...so hardly a big deal.
    Secondly, you are assuming that they will sell. Now as these shares were free, selling now would create a tax liability, so if anything they will wait until July 1st to sell...and i promise you that if they do, i will be trying to soak up whatever i can.
    KRE Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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