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!
Looks like KM1 going to list at 50c, thereby giving it a market...
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Last
16.0¢ |
Change
-0.010(5.88%) |
Mkt cap ! $12.29M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.0¢ | $20.70K | 127.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 121803 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 15993 | 2 |
View Market Depth
| Last trade - 14.29pm 26/07/2024 (20 minute delay) ? |
| KM1 (ASX) Chart |