There were a lot of 14.5c KCN buyers banked up through-the-day yesterday but no seller would hit them..My feeling is that Zurich are coming to the table signalling this morning that they're ready to make a deal..Writing was on the wall for the insurer..Litigation funder would've taken nearly half the $200 million payout, so why not cut out the middleman & deal before the trigger's pulled..They were hoping KCN wouldn't be able to make it through to June..but with both Chile sale & litigation funding-deal options now on the table, the net was closing in on Zurich..plus they're in a Supreme Court hearing against QBE today..Not a good look to be spending so much time & money in the NSW Supreme Court..Looks like we'll get all the facts Monday morning..unless a deal is cut beforehand
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Last
$1.29 |
Change
0.005(0.39%) |
Mkt cap ! $329.9M |
Open | High | Low | Value | Volume |
$1.28 | $1.29 | $1.27 | $125.5K | 98.04K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 18939 | $1.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.29 | 433 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 19210 | 1.275 |
4 | 7842 | 1.270 |
3 | 5929 | 1.265 |
3 | 13599 | 1.260 |
1 | 3100 | 1.255 |
Price($) | Vol. | No. |
---|---|---|
1.290 | 1 | 1 |
1.295 | 1780 | 2 |
1.300 | 115699 | 6 |
1.305 | 3100 | 1 |
1.310 | 3100 | 1 |
Last trade - 11.38am 12/09/2024 (20 minute delay) ? |
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KCN (ASX) Chart |