re: Ann: Progress of Sale of Krucible Phospha...
This is a good Announcement. I imagine holders were watching the trading today. Someone does not want this share price to go up- it's been happpening since I bought- typical! ;) Check out the market depth here- sellers wanting to sell all day, and at the end of trade, for less than the last price:
http://cb.iguana2.com/netwealth2/depth/krb
... So, tomorrow we go down again- at least at first. It's a real shame- this money seems in the bag after today's ANN. There was also confidence in the MD saying the SPP will not be extended. I guess they reckon with $12m in the bank, a few hundred thousand $$$ is neither here nor there. I hope that when/if the money comes through, the first thing we do is get rid of Bergen.
KRB Price at posting:
8.2¢ Sentiment: None Disclosure: Held