The other aspect of this relates to a takeover, as discussed on one of the other threads: spinning out NE makes KCN more tempting for an EMR type predator. They would prefer (I suspect) not to have to deal with an orphan asset half a world away.
The way forward is becoming clearer.
IPO floating Neuva Esperanza as a seperate company, page-3
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Last
$1.59 |
Change
0.025(1.60%) |
Mkt cap ! $408.5M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.61 | $1.56 | $783.1K | 493.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49932 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 2116 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.60 |
Change
0.025 ( 1.91 %) |
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| Open | High | Low | Volume | ||
| $1.56 | $1.61 | $1.56 | 20763 | ||
| Last updated 15.59pm 17/06/2024 ? | |||||
| KCN (ASX) Chart |
