MrD,"The Company confirms that the Placement was strongly...

MrD,

"The Company confirms that the Placement was strongly supported by Kibaran’s largest shareholders."
If anyone is serious about investing a decent amount into KNL, do yourself a favour and pay for a copy of the top 20, and then another one after the issue date for the new shares from the current CR, see who is participating 'once again' in this CR and then you should have fairly good indicators of whether to buy or not.

"In recognition of the Company’s retail shareholders, the Company will also be providing eligible shareholders with the opportunity to participate in a Share Purchase Plan at the same issue price of 10c per Share (SPP)."

"Directors of the Company intend to take up their SPP entitlements." - hahah, @0.10c who wouldn't

..."if rumours are true of a new friend"...


All the above is strictly IMO