They should be able to pay the loan by end of June.. I reckon they should have sufficient FCF to resume in 3rd qtr to resume buybacks..
the comment about NE bidders doesn't quite make sense... previous announcement indicated one of the four bidders was a major and the others debt approved bidders.. now the comment is KCN is doing due diligence on the bidders.. if these bidders have no intention of making formal bid.. why are they still doing their due diligence.. just move on and withdraw from trade sale process
They should be able to pay the loan by end of June.. I reckon...
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Last
$1.58 |
Change
0.025(1.61%) |
Mkt cap ! $407.2M | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.60 | $1.57 | $88.69K | 56.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3064 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 9585 | 6 |
View Market Depth
| Last trade - 11.53am 07/05/2024 (20 minute delay) ? |
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Last
$1.59 |
Change
0.025 ( 2.27 %) |
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| Open | High | Low | Volume | ||
| $1.57 | $1.59 | $1.57 | 9279 | ||
| Last updated 12.19pm 07/05/2024 ? | |||||
| KCN (ASX) Chart |