I think the market will see:
A company in distress, raising at a 25% discount
Any analyst running a ruler over this might not agree with SH enthusiasm/sentiment
NE is a stranded asset and time has proven not easily "cashed in"
Will reserve sentiment on this for a while....................................................
Ann: Kingsgate completes $46M institutional placement, page-23
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Last
$1.38 |
Change
-0.080(5.48%) |
Mkt cap ! $355.6M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.46 | $1.38 | $790.9K | 564.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 2446 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |