Beware KGD shareholders!
From a Geopacific presentaation in May 2017:
http://www.finnewsnetwork.com.au/archives/finance_news_network166407.html
"With our capital structure, we have too many shares on issue and we will work on that shortly. "
So we shall likely face a consolidation if takeover is successful.This usually result in al oss to shareolders.