In December they have applied to be delisted from the ASX and now are having a rights issue, seems like poor timing. And I dont really like the prospect of being unlisted for saleability into the future.
I dont hold this company but was looking for another diamond company but this seems to have had some hard times in the last few years and I don''t read anywhere where there is known light at the end of the tunnel.
Is there something I am missing. Can current holders shed some light.
KDL Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held