As there are outstanding terms and conditions, I cannot be 100% certain that funding will be provided, nor can you be 100% certain that it won't.
We can only consider probabilities, and part of that just comes down to whether I am too optimistic or you are too pessimistic, which is a matter of opinion.
It would seem counter-productive for KCN to secure finance on terms that they thought that they could not meet. It would just be a waste of time and contrary to their fiduciary responsibilities.
But if KCN meets its T&Cs, then with a secured lending contact the lender will be obliged to provide the funding that it agreed to, even if it wanted to back out for some reason.
Obviously everybody would like more frequent status updates from KCN. Maybe we can agree on that. Although at least the infrequent reporting has mostly not been indicative of bad news so far, at least as far as Chatree is concerned.
As there are outstanding terms and conditions, I cannot be 100%...
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Last
$1.42 |
Change
-0.040(2.74%) |
Mkt cap ! $366.0M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.46 | $1.42 | $58.98K | 40.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 39877 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 4128 | 13 |
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| Last trade - 10.51am 27/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |