The other aspect of this relates to a takeover, as discussed on one of the other threads: spinning out NE makes KCN more tempting for an EMR type predator. They would prefer (I suspect) not to have to deal with an orphan asset half a world away.
The way forward is becoming clearer.
IPO floating Neuva Esperanza as a seperate company, page-3
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 (20min delay)
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Last
$2.42 |
Change
0.030(1.26%) |
Mkt cap ! $623.7M | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.45 | $2.37 | $1.741M | 722.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2314 | $2.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.44 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| KCN (ASX) Chart |