Rony it's not fully underwritten. Only partially. So a small-medium shortfall is the best outcome. Then KMP mop up.
Murchison is largely factored in, or should be by now. We've known long enough.
With no volume going through at 58c, it's hard to see anything positive eventuating when the 60c shares hit the market. A wall of sellers will slowly push the price down further.
This could so easily have gone the other way had RBS clients shown strong interest in the placement component and sent a message that others followed.
Rony it's not fully underwritten. Only partially. So a...
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Last
10.5¢ |
Change
0.009(9.38%) |
Mkt cap ! $68.05M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $12.02K | 115.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28818 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 99999 | 1 |
View Market Depth
| Last trade - 15.42pm 08/11/2024 (20 minute delay) ? |
| KGL (ASX) Chart |