In regard to Taurus, I think they may want an equity for debt swap, which KCN is strongly against.
That may be why they are looking elsewhere for debt financing (ie Thailand)
They have gotten into a bit of a tangle with continuous disclosure, which they need to learn from.
Interesting to see what happens. A small CR wouldn’t be the end of the world, especially if it gets them through to full production. Can always buy back later.
In regard to Taurus, I think they may want an equity for debt...
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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 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |