GREY:PGDIF - Post by User
Post by
ekimon Apr 13, 2017 11:36am
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Post# 26118188
KDI going private?
KDI going private?I suspect KDI will be bought at $4 per share and taken private.
Dermot Desmond (DD) has been accumulating shares over the last 2 weeks in the public market...not something he normally does.
He has gone from 14.35% ownership to 15.14% ownerhsip.
Probably take it up to 19.9% and then bid for the rest.
The stock is completely over valued...so if DD wants it..he can probably get it quite easily.
He is clearly not pushing the price up at all...so it is basically buying as the sellers come.
LONG...PGD
EKIM