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KDD Kopane

13.25
0.00 (0.00%)
17 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kopane LSE:KDD London Ordinary Share GB0002998978 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 13.25 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 13.25 GBX

Kopane (KDD) Latest News

Real-Time news about Kopane (London Stock Exchange): 0 recent articles

Kopane (KDD) Discussions and Chat

Kopane Forums and Chat

Date Time Title Posts
18/10/201012:45Kopane Diamond Developments7,963
17/4/201008:56KOPANE DIAMONDS - African Jewel.814
15/4/201020:17KDD - Heading down the pan? Dear oh Dear?....10p153
17/12/200920:16KOPANE DIAMONDS - African Jewel.3

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Kopane (KDD) Most Recent Trades

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Kopane (KDD) Top Chat Posts

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Posted at 02/9/2010 11:09 by giant steps
KDD prices bid 12.25p offer 12.5p, being pulled up by FDI (26.5-27p)
Posted at 07/8/2010 15:54 by 123asd
Wendy - I don't disagree with your assessment of AIM punters, I only dispute the influence you ascribe them in determining the share price.
Time and again I've seen the share price of AIM explorers with no earnings repeatedly trashed, no matter what their potential or asset value. Only when they are producing something that provides steady income do they achieve some kind of stability. We've been disappointed in KDD in this respect several times already, but I do think that with this FDI hook-up, we are at last about to achieve such a state. That's assuming we are not bought out.
Posted at 04/8/2010 07:57 by nathand
Looks like this is the new FDI thread so I'll add my 2 pennies worth (or 0.05579 of a FDI share at the offer).

The initially selling I would imagine is a result of a number of factors; the bidder is pretty much guaranteed to drop on the news so a few will have caught this off the blocks and sold, stop orders would have been triggered on the way down, momentum sellers would have joined the party, short termers who aren't prepared to wait around would have come in also within the first day or two. You may be able to add some shorters in there. Hence a tasty drop in the share price from RNS ground zero.

Not sure where that leaves us now and to be honest I would have expected some nudge up along the way even if only a penny or two. Two things stand out to me on this front at this time.

[1] Legal & General have not declared their irrevocable commitment to this deal, they own 8.279M shares.
[2] JP Morgan Fleming own 13.059M FDI and 29.049M KDD shares and have declared their irrevocable commitment.

It is possible then that Legal & General and/or JP Morgan will be looking to reduce their positions, albeit for different reasons, i.e. potential dissatisfaction and being overweight respectively. For the same reason that KDD offers a thin buying arbitrage window the moment I believe that FDI offers the same if you are selling (to be honest though I haven't done the maths on this one).

What can be said though is that every FDI trade day looks extremely weighted on the buy side and yet we get no overall uptick (though a couple intraday).
Posted at 02/8/2010 12:44 by fjp73
Thanks for correcting me on Obtala's (OBT) KDD's holding.

Now if I'm correct and OBT do look to exit, which for some strange reason I doubt, well at this stage anyway...

Hypothetically speaking, OBT's net holding would be around 8.398% after merger so the figures need to be somewhat larger to exit and profit. At 8.39% there would have to be an assumption of 70% long-term holders which looks more than likely at the current KDD / FDI share price The CFD short would have to be 5.5 times sales on a like for like basis but limited to 0.2495% to avoid disclosure and the Spread bet is really only to top up the movement in terms of profit, but I'd go larger to make more.

However it would still leave just under a 3% holding for free, so for the "short position watchers" if you see some erratic shorts and a decreasing price to say 13 pence on FDI, you wont need to ask why! Of course, numbers would vary if there was another buyer/seller but it's easy to adjust mid-position.

All waffle but interesting to work through..

The irony is FDI/KDD aren't far off the Iofina ratios that make for a very good profit for the short / long traders. Finally, in terms I hope at least I understand, the seller would need 15K share sells, 75K share CFD short and £1 for every one share / CFD sold on a spread bet could prove very profitable indeed, but of course a lot of them. Ethical? Hmmm...if my figures are correct, that could me an bottom share price around 45% lower than it's current price.


Just a different slant that's been running round my head whilst reading the NKWE bankable Feasibility Study...

BW (Best wishes) Fraser
Posted at 01/8/2010 20:09 by fjp73
Exactly my point Wendy, and albeit the 74 pence was rumoured it was mentioned by a number of people, so a caveat of hear'say.

I believe the tie up is best and certainly should enable a management team capable of going forward. As I stated there's a lot of water to run under this the FDI/KDD bridge before production, if they do so at all, well under the FDI logo anyway.

Just some way off...However, if Obtala do want out, which I find perplexing in terms of the opportunity for a cash offer, at 15% ish holding the in the enlarged group, it could force FDI down around 40% in the short-term if there wasn't an engineered deal with other investors of course. If the latter was the case, there could be the potential for a premium to the current share price However, with the opportunity to cash in via many derivatives, you have to ask if an engineered deal would be not good for OBT in terms of maximising profit. If I wanted out of a 15% holding, I'd be CFD short, Spreadbet short and then go to town, in essence you could end up with a 4% holding (thereabouts) for free in addition to the cash from sale, 3 fold on the Spreadbet short and 2 fold on the CFD short, assuming the ratios of a 60% long-term holders in the enlarged group. Some massive profit...likewise the overhang could smack the share price for some 5/6 months. All hypothetical, but I think "if" the share price gets beaten up you know the answer!

BW Fraser
Posted at 27/7/2010 11:13 by induna123
Giant Steps - 26 Jul'10 - 12:25 - 7672 of 7678


Arbitrage window widens, FDI 27-27.5p, KDD 11-11.5p

Will FDI be pulled down ?


You love to put a negative spin on things GS.

Why would FDI be pulled down? Isn't KDD tracking FDI's price seeing as they made the bid for KDD? If anything KDD's share price should be 12.5p in line with FDI's current share price

Like I said, we need time to flush out all the irrational sellers before the share price can move again. Why sell at 11p when somebody has made an offer at 17p and with the possibility of a counter bid?
Posted at 26/7/2010 09:19 by corlan
This is fast becoming a shamble,KDD holders are practically being forced to buy FDI shares for 36P while their current market price is only 27P.

A more pragmatic approach for KDD would probably be a hostile Board takeover, taking a decision to replace Scolaro with a public or private offering of Obtala Stock.Reestablishment of MOU signed in January and proceed with DFS and setting up mine at main plant.

Firestones seem ok to add value to kopane assets however they don't have an excellent record in delivering results either.Share price has fallen from 200P to 27P in merely 2 years.
Every private investor with nominee accounts should have details discussed with their brokers on how to vote.If share prices fall further a "NO Vote" is increasingly looking attractive.
Posted at 24/7/2010 14:06 by arf dysg
pembury, you have got your share-price history wrong:
(7645) "Cheer up Kopane holders its not like you now get to hold a stock that has done nothing but go south for the last two years.

oh yes it is"

Thank you so much for rubbing salt into the wounds of long-term share holders.

BUT...

So you think Kopane's share price has gone down over the last two years? Want to guess what the share prices were?

Late July 2008: 7.5p
Late July 2010: 12p

That doesn't look like "down" to me.


If you want to gloat at others' misfortune based on the facts, why don't you compare the experiences of:
(a) some normal long-term share holders (price halved in three years)
and
(b) Frank Scolaro (price leaped upwards in 18 months).
Posted at 21/7/2010 17:53 by debbiegee
Surely if the share price stays this price regardless of the vote the BOD will cancel the offer as it is no longer what was expected ?
I still think a lot of the drop in share price can be attributed to those who had inside knowledge and have bought a few million over the last week and most probably were the 1st inthe queue to dump !
Posted at 21/7/2010 15:07 by moneyman18
Based on REAL prices on a conversion NOW at FDI 29p

your KDD shares would be worth 12.75p

and NOT 17p as they tell you; KDD price needs to fall to below 8P now to offer holders the deal RATIO that is in the RNS
Kopane share price data is direct from the London Stock Exchange

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