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
$1.56 |
Change
-0.050(3.12%) |
Mkt cap ! $400.8M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.60 | $1.54 | $482.3K | 309.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10494 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 2662 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |