Those who paid 20c for KRE have had a disappointing opening -...

Those who paid 20c for KRE have had a disappointing opening - currently down 12.5% to 18c after it opened at 20.5c

But when do current NAV holders actually get their free in-specie distribution of KRE shares? And when do THEY become available on the market? One would think that some people may immediately sell them, which in turn would put more downward pressure on the share price.

KRE and Cummins Range is a long way off actually producing any rare earths, but at least the resource is of JORC standard as I understand it. Which is much better than many other small rare earths wannabes.

Could be a takeover target for one of the others, perhaps - eg Lynas? or even Forge, after the failed Lynas/Crown deal?

As always - time will tell..... ;)