KZL 0.00% 12.0¢ kagara ltd

food for thoguht - takeover brewing?

  1. 2,665 Posts.
    lightbulb Created with Sketch. 455

    Food for thought people!!

    So here are Monday's headlines

    "Minimetals offers to buy out EQN"

    "Hunan Nonferrous Metals offered to mop up shares of Abra mining"

    GFTG Securities owns 18.9% of KZL. My mind connects a few dots, and thinks that somewhere down the track, there is a takover bid looming.

    Not just my mind, but even the market liked it and pushed KZL upto 65cents. I agree that the whole market was up, but KZL doesn't really follow the overall trend.

    So keep a watch, and potentially, fingers crossed a takeover of KZL maybe round the corner.

    Hope you enjoyed the food for thought!

    Cheers
    Mayo
 
watchlist Created with Sketch. Add KZL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.