kagara gets rid of its lounge lizard, page-20

Hi BB,
I am at a bit of a loss to understand why the sp will rise when KZL relists and how do you know it will be Monday?

I would have thought that the market has factored in the sale of LL and the cash proceeds in the current sp, as the knowledge that LL was going to be sold was known.

The cash will certainly go a long way to restoring the bal sheet, (it has been under a little stress recently).

As for relisting, KZL needs a 1/2 yearly that is acceptable to the ASX first. As Gself says - being suspended was not a good look.

HT1