KGD
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0.00% 0.7¢ kula gold limited

To accept or not to accept

  1. JRGR
    13 Posts.
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    21/09/17
    15:09
    Post #: 27372468
    I understand advice is not approved but really can't work out what to do here. As an early shareholder I am irredeemably under-water on this one, only about $1K share value left. It seems if I accept the offer, there will be likely an equity raising which will reduce the value even further. If I hang on it is likely the shareholding will be squeezed out of existence. Really Hobson's choice. If there are any other hangers-on out there, any suggestions?
    KGD Price at posting: 2.4¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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