KCN 2.72% $1.51 kingsgate consolidated limited.

KCN receives settlement, page-11

  1. 357 Posts.
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    It had a debt of roughly $30m, can't remember if it was AUD or USD.

    I would assume AUD per reporting under Australian Accounting Standards.

    EDIT: Meaning a cash in bank of roughly $50m, which is slightly below the market cap.

    The insurer is also putting up $3.2m USD to pursue the compensation through the free trade agreement.
    Last edited by nator: 11/04/19
 
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