KCN 1.25% $1.62 kingsgate consolidated limited.

Ann: Full Year Statutory Accounts, page-19

  1. 1,322 Posts.
    lightbulb Created with Sketch. 266
    They have only been in production for 3 months and have been aggressive/fully committed to the expansion plans, it’s not unusual that a material uncertainty would exist, it’s just how auditors have to express things. They have to be conservative.

    I mean we a paying for a capital expansion and not seeing that revenue yet.

    We have options but I would have preferred them to take the risk of the table and have finance locked away so the report read better than it does.

    I think they can cope/expand with the cash flow they have but will be a close call.
    Last edited by Pat07350: 30/09/23
 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
(20min delay)
Last
$1.62
Change
0.020(1.25%)
Mkt cap ! $417.5M
Open High Low Value Volume
$1.61 $1.66 $1.59 $939.6K 581.8K

Buyers (Bids)

No. Vol. Price($)
2 7553 $1.59
 

Sellers (Offers)

Price($) Vol. No.
$1.62 5378 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
KCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.