KNL 0.00% 9.3¢ kibaran resources limited

Ann: Change of Director's Interest Notice, page-15

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  1. 1,124 Posts.
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    The point is, according to the pattern, the only time directors do buy is just before a CR... 2 directors bought about 6 months ago before the last CR and 2 directors have very recently bought.

    So why would another CR be needed, only 6 months on from the last? Imo it obviously indicates money is needed to pay the ATO... shareholder dilution for money that won’t be staying in the KNL bank account, but will go to pay for over claimed R&D rebates, back interest and penalties...if I was a shateholder, I know I would be pis&@$d ... poor management at best... but hey, got to keep those huge salaries and the gravy train running.

    Best of luck
 
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