KZL 0.00% 12.0¢ kagara ltd

who is taking up mungana float?, page-4

  1. 3,031 Posts.
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    At the entitlement ratio of 1:16 most of us small holders (relatively of course) are facing the same dilemma with no doubt the same sentiment.

    You've mirrored my thoughts - let's wait and see and be content with Kagara's stake, which I wish had remained at 100%.

    For just under 9k we'll be entitled to just over 9k of shares in the best sector at the moment but in very uncertain times.

    Even with gold shining as brightly as it is right now it's hard to imagine that it will bolt beyond reach if the IPO proves popular with the major share holders and with the public.

    With uptrending interest rates cash imo is looking substantially better these days than the resource sector.
 
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