I won't be taking up offer. AspectHuntly had Mungana valued at $50mil early March. IPO values it at $150m. Given current market uncertainty KZL shareholders and prospective buyers aren't going to buy in either. This float is likely to be a failure. If the price is right, I'll be looking to get out of KZL before retail close date of 18/5, as SP will fall after this date. Having said that KZL is looking undervalued at the mo.
