I actually think they would be wise to mention that as a result of the closure of Chartree, KCN was under an immense financial stress and that forced the company to sell assets below value to keep solvent. That decision would otherwise not be made.
Not that they may accept the claim or provide any further payment for that. But that would just reinforce the financial impact the decision of closing Chartree brought to the company.
Chart price has been pretty flat. I think that may be a positive. As long as the company is not buying shares from big shareholders, I am confident they are on the right track and lead by a smart team back by the insurance company. and I can't wait to see the final verdict.
Ann: Quarterly Activities Report, page-245
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Last
$1.65 |
Change
0.070(4.43%) |
Mkt cap ! $425.2M | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.68 | $1.62 | $858.1K | 520.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8431 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 45705 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |