Raising capital for expansion is a side issue and an annoying distraction.
The share price and the future of KNL is firmly locked behind approval of finance. Unfortunately the company gave the impression that finance would be done and dusted by the end of the last financial year. This hasn't happened and there is no update on the failure of this timetable.
Either the company doesn't know what is happening or there are reasons for the delays which they are working through and do not wish to disclose. So the market is uninformed and nervous.
Any wonder the share price is weak!
Raising capital for expansion is a side issue and an annoying...
-
- There are more pages in this discussion • 7 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 EGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
0.015(14.3%) |
Mkt cap ! $54.48M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.0¢ | 10.5¢ | $85.61K | 760.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 24094 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| EGR (ASX) Chart |