I see it this way if KCN mines 300 000 ounces a year,Akara gets 150 KCN gets 150.A 50% float is a special dividend hopefully fully franked to KCN holders.
Its the same as GOR has a 50% joint venture in a mine with another company I just forget who it is.
Ann: Thailand Update, page-202
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Last
$1.55 |
Change
0.015(0.98%) |
Mkt cap ! $398.2M | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.58 | $1.51 | $1.011M | 656.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4706 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 24706 | 2 |
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| KCN (ASX) Chart |