$11mil debt sounds more like what I was expecting. Damn the administrators ate into the dividend. But still looks ok long term with a posible buyer at $13mil. KGL would get the $3mil back and creditors would do well too.
I still think it might be better not sold. We cleared $11mil of debt for just $3mil. That must make the project more viable.
The creditors had no recourse against KGL, but I think the company did the right thing offering $3mil. But it wont save their reputation.
Its still a basket case. Jervois is too long term. And Andash is gone.
- Forums
- ASX - By Stock
- KGL
- ann out: brace for pain - relisted
ann out: brace for pain - relisted, page-24
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KGL (ASX) to my watchlist
|
|||||
Last
9.3¢ |
Change
-0.002(2.11%) |
Mkt cap ! $61.57M |
Open | High | Low | Value | Volume |
9.3¢ | 9.5¢ | 9.3¢ | $3.719K | 39.92K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2725 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 13367 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2725 | 0.093 |
1 | 5450 | 0.092 |
5 | 43213 | 0.091 |
1 | 100000 | 0.090 |
1 | 100000 | 0.089 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 13367 | 1 |
0.096 | 5801 | 1 |
0.097 | 39191 | 1 |
0.098 | 185577 | 1 |
0.100 | 47902 | 2 |
Last trade - 14.50pm 06/09/2024 (20 minute delay) ? |
Featured News
KGL (ASX) Chart |