I'd say it's more an apprehension of sovereign risk rather than prejudice, evidenced by the PNG government's recent tax grab on the banks. Also PNG is a fledgling democracy with ongoing bouts of political and ethnic violence, and there have been a couple of attempted military coups so one would expect a discount thrown in for these low but non-negligible risks. Notwithstanding I agree KSL still looks attractive though.
I'd say it's more an apprehension of sovereign risk rather than...
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Last
98.5¢ |
Change
0.020(2.07%) |
Mkt cap ! $283.1M | |||
| Open | High | Low | Value | Volume |
| 96.5¢ | 98.5¢ | 96.5¢ | $291.3K | 300.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 943 | 98.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 98.5¢ | 9878 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
97.5¢ |
Change
0.020 ( 1.04 %) |
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| Open | High | Low | Volume | ||
| 96.5¢ | 98.0¢ | 96.5¢ | 144066 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| KSL (ASX) Chart |