KCN 0.78% $1.29 kingsgate consolidated limited.

There were a lot of 14.5c KCN buyers banked up through-the-day...

  1. 2,201 Posts.
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    There were a lot of 14.5c KCN buyers banked up through-the-day yesterday but no seller would hit them..My feeling is that Zurich are coming to the table signalling this morning that they're ready to make a deal..Writing was on the wall for the insurer..Litigation funder would've taken nearly half the $200 million payout, so why not cut out the middleman & deal before the trigger's pulled..They were hoping KCN wouldn't be able to make it through to June..but with both Chile sale & litigation funding-deal options now on the table, the net was closing in on Zurich..plus they're in a Supreme Court hearing against QBE today..Not a good look to be spending so much time & money in the NSW Supreme Court..Looks like we'll get all the facts Monday morning..unless a deal is cut beforehand
 
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Last
$1.29
Change
0.010(0.78%)
Mkt cap ! $332.4M
Open High Low Value Volume
$1.28 $1.29 $1.25 $206.6K 162.1K

Buyers (Bids)

No. Vol. Price($)
6 11000 $1.28
 

Sellers (Offers)

Price($) Vol. No.
$1.29 4442 2
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Last trade - 13.29pm 12/09/2024 (20 minute delay) ?
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