It is pointless looking at the SP to determine a companies value. Look at the market cap.
KSS currently has a market cap of 41 million.
According to my back of the envelope maths, theoretically speaking, if SAS are successful in this raise their market cap will be a bit over 23 million. The last time SAS traded they had a market cap of 60.9 million.
The market cap is a very important number which anyone investing in the ASX should have a basic understanding of.
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