KAS 0.00% 1.2¢ kasbah resources limited

Ann: Kasbah Completes Convertible Loan Transaction, page-19

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  1. 1,888 Posts.
    lightbulb Created with Sketch. 97

    You are nott shy of dishing out the insults razorblades.

    Now look here. Companies do consolidations because they need to make their register look more respectable to possible investors. KAS has a billion shares on issue. Not the worst I've ever seen but a few too many. A big insto wants to be able to control liquidity and of course the share price a little better than that. This is just KAS doing a tidy up.

    If you want to see what can happen to a coys share price when a deal is struck just go and take a look at SEI. Mkt cap a pittance. Signed a deal with a major German end user for Tungsten. Looks like a great deal. Tin is going to be even more sort after on a supply demand basis if you believe the research out of MIT.

    Coys getting worried about input costs in the face of underinvestment in key strategic minerals.
 
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Currently unlisted public company.

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