This would be transformative for the company, placing it amongst the big operators of public transport globally.
However, Kinetic have be snapping up bus businesses at a rapid pace and obviously have big money behind them. I trust Kelsian will have the discipline to not get into a bidding war that leaves shareholders worse off.
Unfortunate timing to announce a possible transformative transaction on a market meltdown day. It will not get so much attention as otherwise would occur. Then again, maybe that is a good thing.
This would be transformative for the company, placing it amongst...
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Last
$3.75 |
Change
-0.040(1.06%) |
Mkt cap ! $1.018B | |||
| Open | High | Low | Value | Volume |
| $3.79 | $3.84 | $3.70 | $2.244M | 598.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2673 | $3.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.77 | 2005 | 2 |
View Market Depth
| Last trade - 16.10pm 01/07/2025 (20 minute delay) ? |
| KLS (ASX) Chart |