RE: Kibo...upward from here !!!16 Apr 2021 09:23
KIBO and St Andertons hold 75% of MAST. The other 25 % are IPO holders at 12.5 p, Paul Venter who Is a director and has £2 mill in, and very small number of advisory shares (who organised the IPO)
Anyone that thinks that MAST will suddenly tank is talking nonsense as there is no one going to sell it down to less than 12.5p unless there is any bad news. For a share to tank there has to be sells to force it down. (or a short) but KIBO and St Anderton are locked in for 12 months. The price could even keep going up in MAST much higher than we all think due to supply vs demand.
This will benefit KIBO greatly and I agree that they will look to sell some over the years to fund other projects