KZL 0.00% 12.0¢ kagara ltd

mungana holding, page-2

  1. 1,686 Posts.
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    er...the price was fixed using an agreed sale price in the HOA, so MUXs fall is of little consequence. Mux is going down because KZL are selling their stake and they lose a major asset, plus must pay a part of the proceeds to the Office of State Revenue, which they should have done when they were floated. Metal prices probably aren't helping. Anyway, as long as creditors see 6c in the $1, I'm happy.
 
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