KPC 0.00% 2.0¢ kazakhstan potash corporation limited

well so far thats a $1.73 loss on the $1.80 issue ..not too...

  1. 568 Posts.
    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!!
 
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Currently unlisted public company.

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