Re: Kinbauri announces a private placement

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johnyboy

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Re: Kinbauri announces a private placement

posted on May 14, 2009 05:47PM

Is this supposed to be a poison pill for the hostile takeover? I don't seem to think that this aquisition will go through. I would like to see it happen but there are a lot of hurdles in the way right now. Either way a smart move by Kinbauri to raise capital if they can, at a better price than they have seen for a while.