KCN 1.99% $1.48 kingsgate consolidated limited.

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  1. 698 Posts.
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    Actually you have got me interested! - on the face of it BGL looks very cheap!

    Interestingly BGL and KCN have tracked closely over the last 12 months in SP terms - see below

    KCN - blue line

    BGL - brown

    https://hotcopper.com.au/data/attachments/6367/6367994-534e2a1d5bac1219d910bd316e2592e2.jpg

    Question is - why have the market reacted so badly to the BGL 5 year plan and cap raise?

    SPP at $1.55 still open and SP at $1.25 ?

    Wazz

    Sorry guys, I know this is on the wrong thread too

 
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