I think due to the raise for the acquisition that didn't go ahead holders are expecting no material increase in KSL's earning potential in the near term to compensate for the additional dilution resulting in a sell off. As you say the location has perceived risk and covid is no doubt having an impact on investors appetite for risk.
Banking strategy, page-46
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Last
95.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $274.4M | |||
| Open | High | Low | Value | Volume |
| 96.0¢ | 96.5¢ | 95.0¢ | $477.4K | 498.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3712 | 95.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| KSL (ASX) Chart |