RE: KIA lagging takeover price.Why?Rob you have your math totally wrong the divisor to TV's share price is 5. At TV's closing price of $2 would equate to 40 cent Kria shares. Kria closed at .36 so the discount is 4 cents .04/.36 or a 11.1% discount.I agree at times the discount was in excess of 25% On Wednesday and the first 2 hours of trading yesterday which I agree was a huge gift.
What is really encouraging is combined entity has plenty of more future upside given the current gross undervaluation of the company looking at its total production potential in 12 months time.