My understanding is that any payout to Zurich would come from negotiations (if there is no cash settlement via Tafta). If no agreement reached then Zurich would need to take KCN to court. But it sounds like they're on good terms for now, so I expect some sort of agreement. I very much doubt that the full insured amount would be paid back. If that was Zurich's expectation then I'm sure KCN would fight it.
My understanding is that any payout to Zurich would come from...
Add KCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.82 |
Change
0.045(2.54%) |
Mkt cap ! $469.1M | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.85 | $1.80 | $1.510M | 828.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 20492 | $1.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 13195 | 7 |
View Market Depth
| Last trade - 15.56pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.82 |
Change
0.045 ( 2.10 %) |
||||
| Open | High | Low | Volume | ||
| $1.81 | $1.85 | $1.80 | 47099 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| KCN (ASX) Chart |