"Kagara is of the view that no shareholder approvals are required for this transaction and is seeking confirmation of this position from the ASX. Completion of the transaction will not occur before this confirmation has been obtained from the ASX."
I imagine they won't release the half-yearly until the ASX confirms they don't need shareholder approval for the sale of LL.
As for finding something they didn't expect...anyone with a calculator can figure out they made a 23.8 mill profit in Q1 and a -20 mill loss in Q2 for net EBIDTA of 4.1 million. They won't release this to the market though until they confirm the LL transaction with the ASX.
KZL Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
