KFL - discount to diluted NAV

[alokdhir]

From page 6 of the NZ Index Methodology:

Thanks Ferg ...I knew there is some rule against it otherwise KFL was ahead of TRA even ...now its confirmed that funds are not even considered

[alokdhir]

Some are really investing a lot of money trying to keep SP down ...NAV hitting well over $ 1.395 at present but interested parties wont let it cross $ 1.24 ...Good on them

[cyclist]

Just a hunch, but it wouldn't surprise me if someone mops up a large bunch of warrants on the Friday close, exercises them, and then lets the head shares start to run.

[winner69]

Just a hunch, but it wouldn't surprise me if someone mops up a large bunch of warrants on the Friday close, exercises them, and then lets the head shares start to run.

Warrants stop trading in an hour

[alokdhir]

Warrants stop trading in an hour

Maybe they already have 2 mil bought at 0.001 cent to limit their losses ...got my drift ...

[cyclist]

Warrants stop trading in an hour

Opps. Thanks.

[alokdhir]

alokdhir what your forecast nav this week

As promised mate, expected NAV tmrw is close to $ 1.403

[Mackap]

Hi team, I have some warrants. Just want to check details as I'm a bit of a newbie. So warrant trading finished today 24th. I can excise by this Friday 26th July, with excise price of $1.26. So would it be right in saying that the warrants will only have value (worth excising) if head share (currently $1.25) moves to $1.27 or above? Thanks in advance for any clarification.