KLA 1.29% $50.98 kirkland lake gold ltd

Not many shares available, it is true. Much easier to get them...

  1. 136 Posts.
    lightbulb Created with Sketch. 21
    Not many shares available, it is true. Much easier to get them on the Toronto exchange.

    But if Kirkland Lake goes into the Pilbara gold play in a big way I would expect a lot of new shares to be created through this counter as takeover currency.

    Otherwise, why have such a small float - even the current Australian operations justify a bigger market cap, especially as they seem to be performing well.
 
watchlist Created with Sketch. Add KLA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.