KZL would be regarded as a distressed seller, with prices already depressed - my opinion is that KZL will not realise anywhere near fair value.
Running a dual process of relisting (and I assume a cap raising) vs selling assets (liquidating the company) is interesting.
I do not want to be a wet blanket - but I do not think current shareholders will see any of their money.
HT1
Ann: Sale advisors appointed to Kagara , page-3
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