Pat that is a very short sighted response.
If you look at the political background in Thailand the last two years, you will realise that indeed plant 1 refurb conducted with onsite personnel is a decision the local Thais would like and possibly strongly encouraged.
And of course yes, we were forced into a cap raise instead of debt because the finance approval process is not as you would assume in Thailand.
I also would not be surprised if there is a placement (without a SPP) very soon, for extra working capital. All of us shareholders at present surely hope I am wrong with this one. This placement will let the shorters off the hook and then the SP will be allowed to run to $8 (over the next two years)
Pat that is a very short sighted response.If you look at the...
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Last
$1.83 |
Change
-0.050(2.66%) |
Mkt cap ! $471.6M | |||
| Open | High | Low | Value | Volume |
| $1.87 | $1.87 | $1.82 | $867.8K | 472.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 1 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.83 | 3687 | 1 |
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| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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$1.84 |
Change
-0.050 ( 2.20 %) |
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| Open | High | Low | Volume | ||
| $1.85 | $1.86 | $1.82 | 13351 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| KCN (ASX) Chart |