KZL 0.00% 12.0¢ kagara ltd

Hi Ximing,I predict the open price on Monday is between...

  1. 3,646 Posts.
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    Hi Ximing,

    I predict the open price on Monday is between 15c-16.5c, should the funding issued on time.

    Looks like KZL is not seeking placement, but for short term debt funding.

    Most likely, the funding will be from a JV partner, or takeover bid for all of KZL's assets, otherwise it's can not be so confidential.

    Whichever the above, selling more non-core, or core assets is welcomed and this will give strong support to half of KZL's NTA value 25c (1/2 of 50c).

 
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Currently unlisted public company.

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