KCN 4.48% 16.0¢ kingsgate consolidated limited.

do i take up the $3.55 offer?

  1. 491 Posts.
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    I am trying to decide if I take up the offer of an extra lot (either 500, 1000 or 1408 at $3.55). I have until 3rd October to decide. Closed last at $3.74.

    If that $3.74 was the floor then I'd be in, but this thing is up and down like a yo yo. I suppose I'm just thinking out loud here and I'll make the decision based on all sorts of other factors, (the cost of the finance for example, I don't have the cash for this) Maybe I'll sell those LHGs now that its finally got up a bit.

    I would appreciate any thoughts others may have, particularly those KCN holders considering the same offer.

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