What you are talking about is a loan.
Insurance is when you get the money.
Not, they give you money and you give it back with interest. That is a loan. We don't need a loan, and we certainly don't need a company we have to sue to get a loan. We can self-insure if that is the case. Or have a fat loan with a Thai bank. Or we don't settle the claim until we IPO in two or three years....
Sell the yellow boys half (51%) of Akara for $6 a share when we have 200m shares.
Then Kingsgate will own 49% of Akara worth $588m (200m * $6 * 0.49%) AND $612m Cash (200m * $6 * 0.51%)
$1.2 Billion Australian dollars enterprise value (plus other assets and goodwill, etc)
That is the WoodFr0mTrees.
What you are talking about is a loan.Insurance is when you get...
-
- There are more pages in this discussion • 112 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.54 |
Change
0.000(0.00%) |
Mkt cap ! $395.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 591 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 3487 | 1 |
View Market Depth
| Last trade - 09.26am 26/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |
Day chart unavailable