KCN 5.17% $1.22 kingsgate consolidated limited.

meric That is par price not market price. I'm fairly sure...

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    meric

    That is par price not market price. I'm fairly sure Australian shares also used to be given a par value as well but that arrangement was droppped as it really had no practical purpose. Something to do with the shares having to have some value to be created so they come up with some nominal price (?). Anyway I would expect that just like with the current Medibank IPO the company and its advisors will determine the actual IPO price based on market demand and that price would be much more than the listed par value.

    Perhaps someone with knowledge of the Thai share market could clarify please. TIA.
 
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