You get free shares via an in specie distribution and then entitled to subscribe for more via a prospectus , dilution is therefore limited and the entitlement would be underwritten.
this approach I believe maximises the potential upside for existing KCN holders in a silver bull market
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KCN
kingsgate consolidated limited.
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2.59%
!
$2.26

Silver, page-18
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Last
$2.26 |
Change
-0.060(2.59%) |
Mkt cap ! $582.5M |
Open | High | Low | Value | Volume |
$2.28 | $2.35 | $2.25 | $1.367M | 597.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 35530 | $2.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.27 | 14291 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 36165 | 2.250 |
11 | 17486 | 2.240 |
11 | 44667 | 2.230 |
7 | 39767 | 2.220 |
6 | 30967 | 2.210 |
Price($) | Vol. | No. |
---|---|---|
2.270 | 11607 | 9 |
2.280 | 39681 | 5 |
2.290 | 40286 | 6 |
2.300 | 6663 | 3 |
2.310 | 21844 | 5 |
Last trade - 13.50pm 23/06/2025 (20 minute delay) ? |
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KCN (ASX) Chart |