Looks like KM1 going to list at 50c, thereby giving it a market cap of $30 million.
KZR owns 22.1%, thereby valuing its holding at $6.63 million.
At close of trade on Friday, KZR shares had popped from 11c to 15.5c.
KZR has 171,369,472 shares on issue.
Therefore its market cap moved from $18,850,642 to $26,562,268, an increase of $7.71 million.
In theory at least, KZR shares should drop today by 0.0063 cents. That is hold steady.....the market pretty much anticipated the open price of KM1!
KZR Right On The Money
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 (20min delay)
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Last
40.5¢ |
Change
0.010(2.53%) |
Mkt cap ! $30.91M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.5¢ | 38.5¢ | $31.15K | 78.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8128 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 5128 | 3 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
38.5¢ |
Change
0.010 ( 1.28 %) |
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| Open | High | Low | Volume | ||
| 39.0¢ | 41.0¢ | 38.5¢ | 7887 | ||
| Last updated 15.47pm 03/06/2024 ? | |||||
| KM1 (ASX) Chart |