KCN 2.25% $1.59 kingsgate consolidated limited.

The table below outlines what they planned to do with the failed...

  1. 2,721 Posts.
    lightbulb Created with Sketch. 934
    The table below outlines what they planned to do with the failed IPO dated 2013. The first row is number of shares held by Kingsgate, 2nd row is Asian Gold (wholly owned by Kingsgate). The forth last row is Nucharee and it sets out her preference shares. Column 2 is pre IPO, column 3 at IPO and 4 row was as intended on the first day.

    So the plan was that Kingsgate would hold 49% of the common shares in Akara, the public would own 45% common shares and Nucharee would retain 6% preference shares. This would mean that Kingsgate would retain a controlling stake because Nucharee would retain some preference shares. Maybe they're planning something similar in which case you could buy at IPO with the rest of the public if you access to SET.

    https://hotcopper.com.au/data/attachments/3677/3677506-386ef0a5e686bcbddcf0ee12ff096749.jpg

 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
(20min delay)
Last
$1.59
Change
0.035(2.25%)
Mkt cap ! $409.8M
Open High Low Value Volume
$1.57 $1.60 $1.56 $307.9K 196.1K

Buyers (Bids)

No. Vol. Price($)
1 1980 $1.56
 

Sellers (Offers)

Price($) Vol. No.
$1.59 14483 3
View Market Depth
Last trade - 16.10pm 07/05/2024 (20 minute delay) ?
Last
$1.58
  Change
0.035 ( 1.47 %)
Open High Low Volume
$1.57 $1.59 $1.56 20955
Last updated 15.59pm 07/05/2024 ?
KCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.