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KRL kangaroo resources limited

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If you take out the top 4 share holders that only leaves 10% of...

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rob23

187 Posts.

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07/10/18

07:48

Post #: 36025573
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Originally posted by Grebmoolb ↑

The bid for the outstanding 43.5% of Kangaroo Resources will cost PT Bayan TBK A$224 million US$160 million. If Bayan become compelled to pay any award by the Singapore Court at Tranche 3 v White Energy WEC, they might consider reducing the present 15c bid for KRL. Every 1c reduction would save US$10.66 million. This could be another factor causing trading at a quite low 12c a share.

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If you take out the top 4 share holders that only leaves 10% of KRL to buyout

KRL Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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If you take out the top 4 share holders that only leaves 10% of...

Top Stories

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