re: Ann: Takeover Offer by Kingsgate Consolid... Well said,...

  1. 349 Posts.
    re: Ann: Takeover Offer by Kingsgate Consolid... Well said, Vainglorious.

    Considering the size of the resource and valuations discussed by brokers, etc, why do the directors consider this such a great offer that they unanimously recommend?

    You have to ask - what's in it for them? Will KCN be paying them something to get the deal through so cheaply?
 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
(20min delay)
Last
$1.35
Change
0.060(4.65%)
Mkt cap ! $347.9M
Open High Low Value Volume
$1.33 $1.36 $1.30 $900.7K 678.9K

Buyers (Bids)

No. Vol. Price($)
1 2877 $1.35
 

Sellers (Offers)

Price($) Vol. No.
$1.37 2963 1
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
KCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.