KZL 0.00% 12.0¢ kagara ltd

According to:...

  1. 660 Posts.
    According to: http://finance.ninemsn.com.au/newsbusiness/motley/8465370/the-end-of-the-mining-boom

    NOT MUCH GOOD FOR KZL SHAREHOLDERS, excerpt :

    [...] It’s unlikely that Kagara will survive, with the most likely outcome a sale of its assets. With falling commodity prices and fixed costs, it will be tough to find buyers for the company’s assets at anything above fire-sale prices, and it’s unlikely to realise anything like its book value of $411m. There may not be much left for shareholders.

 
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Currently unlisted public company.

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