well so far thats a $1.73 loss on the $1.80 issue ..not too mention a loss on their capital raising at 22c ($6m) but at least they received a one for one free oppy exercisable at 30c by june this year.....the way that announcement was written (ie 7 July 14) says they raised $15.6m but only when the oppies are exercised...My personal opinion is that is misleading...they tried to get me in at both $1.80 and 22c and I'm so happy I didn't fall for it...they suggested i go in for spread and a little help only...well they need more than that now. i have to say even Borat would smell a rotting fish here!!
KPC Price at posting:
7.0¢ Sentiment: Sell Disclosure: Held