In regards to NE, I think they may pursue either a JV, or perhaps spin it out and list it separately. I am not sure how much interest there would be in that approach. They could retain a stake, and offer current shareholders a preferential allocation. I know they don’t want a cheap sale, they seem quite confident about their funding for Chatree at present. Mr Market however seems to think a CR is imminent. I am not sure who is right- I have obviously backed management and bought more. We will see soon enough.
General discussion, page-4171
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Last
$1.62 |
Change
0.020(1.25%) |
Mkt cap ! $417.5M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.66 | $1.59 | $939.6K | 581.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7553 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.62 | 5378 | 2 |
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| KCN (ASX) Chart |