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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Last
$1.79 |
Change
0.020(1.13%) |
Mkt cap ! $461.3M | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.82 | $1.77 | $569.6K | 319.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 1746 | 1 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
$1.78 |
Change
0.020 ( 0.37 %) |
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| Open | High | Low | Volume | ||
| $1.78 | $1.82 | $1.77 | 27155 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| KCN (ASX) Chart |