KCN 0.79% $1.27 kingsgate consolidated limited.

WARNING ~ GOOD WARNING ! TIE is very similar to KCN, i've told...

  1. 1,009 Posts.
    lightbulb Created with Sketch. 2703
    WARNING ~ GOOD WARNING ! cool.png

    TIE is very similar to KCN, i've told you all about the African Lady compared to Thai lady in the past..

    News Today is Directors have recommended all TIE shareholders accept the revised takeover bid and sell on-market to get there cash quicker as takeover will be successfull..

    https://hotcopper.com.au/data/attachments/6135/6135265-8c36ac569508d69e133d30a56037f084.jpg


    This means there is going to be a flood of TIE takeover cash looking for a new home in a spicy jurisdiction because they are not pussy's !

    I know all TIE shareholders that are friends of mine are rolling it out of TIE into KCN, so don't even think about selling KCN here.


    NOTE:

    TIE Market cap at takeover price ---- $764 Million
    KCN Market cap currently ------- $435 Million

    TIE ---- Already Producing 150,000 ounces at AISC $1,280
    KCN--- Hopefully 120,000 ounces at AISC $1,200


    Therefore KCN should expect a market cap around 80% of TIE as at today's valuation and production levels......or $612 million. or $2.37 a KCN share.

    rolleyes.png
 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
(20min delay)
Last
$1.27
Change
0.010(0.79%)
Mkt cap ! $327.3M
Open High Low Value Volume
$1.25 $1.29 $1.24 $2.647M 2.095M

Buyers (Bids)

No. Vol. Price($)
6 88319 $1.25
 

Sellers (Offers)

Price($) Vol. No.
$1.28 7644 1
View Market Depth
Last trade - 16.10pm 12/11/2024 (20 minute delay) ?
KCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.