KCN kingsgate consolidated limited.

Ann: Further Significant Intercepts at Chatree South-East Complex, page-15

  1. 11,378 Posts.
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    The additional problem for BGL is that they've had to issue 300mil shares or over 25% additional shares from what they had on issue just nine months ago in Jul24 - from 1.176mil shares to 1.476mil shares - will shareholders from last July ever be able to recover from such dilution? Unlikely IMO.
    At least the dilution to KCN in Mar23 was only 36.5mil shares or around 16.5% additional shares and we don't have any hedges down the track that might still cost BGL shareholders in the future.
    March25 quarterly production: BGL 25k ozs Au, KCN 20k ozs Au - yes KCN won't be able to keep up in the future but KCN's market cap today is $402mil v BGL(@ 90c) $1.328bil and BGL still has lots of negative hedges.
    Sorry I'm staying here.
 
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(20min delay)
Last
$2.43
Change
-0.015(0.61%)
Mkt cap ! $626.3M
Open High Low Value Volume
$2.45 $2.46 $2.40 $1.495M 616.9K

Buyers (Bids)

No. Vol. Price($)
13 19917 $2.42
 

Sellers (Offers)

Price($) Vol. No.
$2.43 10373 6
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Last trade - 11.47am 18/06/2025 (20 minute delay) ?
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