That ****** interview was very interesting. I wonder if the CEO is telegraphing what price a takeover offer needs to be to get BOD recommendation? In the interview he said/implied that they would look at an offer “too good to refuse”.
The obvious suitor is EMR- I wonder if they would bite at $4.00?
Changing back to a buy, I think something might be brewing up in the background on this one.
Ann: Updated Exploration Release, page-20
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Last
$1.60 |
Change
0.040(2.56%) |
Mkt cap ! $412.4M | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.61 | $1.52 | $789.1K | 500.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $1.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 17444 | 1 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |