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4.55% $1.04 ansarada group limited

re: ** bring it on !!!!....50c , is that all ?!! I doubt very...

  1. siameseparrot
    24,765 Posts.
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    22/02/06
    19:47
    Post #: 1391141
    re: ** bring it on !!!!....50c , is that all ?!! I doubt very much that KCN would be able to make a scrip offer valuing ADN at 50c without the KCN share price being hammered at the prospect of a substantial dilution in KCN for what is basically still just a medium term exploration play.

    Result:

    1. The market would make the value of the offer below 50c.

    2. Once the bid failed then the KCN share price would recover.
    AND Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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