KCN should just sell Challenger for peanuts, sell 50% of its Thai mine and then, like TRY, get a small plant built (which could be easily expanded in capacity) on its South Amercian project.
The MC is already crap, I doubt the market values Challenger anyway. KCN made a very bad call buying it. Time to move on.
Lost a bit on this stock, but luckily sold when I saw the continued bad decisions buy management.
As for why the new management left, I think they had time to have a better look at things and realised its a basket case. Perhaps there are even issues in Thailand, maybe bribery etc, which they wanted no part of extra.... All IMHO of course.
I would say there was a chance of corporate activity, but with all the different projects, its prob just too complicated.
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Last
$1.58 |
Change
0.000(0.00%) |
Mkt cap ! $407.2M |
Open | High | Low | Value | Volume |
$1.60 | $1.61 | $1.57 | $331.6K | 208.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 871 | $1.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.59 | 2744 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 871 | 1.580 |
2 | 21950 | 1.570 |
1 | 1950 | 1.565 |
1 | 1950 | 1.560 |
1 | 1950 | 1.555 |
Price($) | Vol. | No. |
---|---|---|
1.585 | 2744 | 1 |
1.590 | 2659 | 1 |
1.595 | 1560 | 1 |
1.600 | 2476 | 2 |
1.605 | 11560 | 2 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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