GREY:KSKTF - Post by User
Post by
oddykogon Jul 05, 2010 2:47pm
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Post# 17244301
The private placement is free to trade
The private placement is free to tradeWith great punctuality the 9 million shares created by the private placement that closed on March 3rd are hitting the market. They bought at 66 cents, so 87 cents looks pretty good, particularly as there are warrants still there. I suspect that Kiska will be dead money until all those that want to sell their private placement shares have done so. Probably Kiska will bottom at around 75 cents, but at that level it will be a good buy.