KRL 0.00% 14.5¢ kangaroo resources limited

The market cap has shot up to $250 million on interest by PT...

  1. 1,945 Posts.
    lightbulb Created with Sketch. 33
    The market cap has shot up to $250 million on interest by PT Bayan that may or may not lead to a bid for the 43.95% remaining shares. PT Bayan hold 56.05% of the shares presently frozen by Australia's courts and this covers Kangaroo Resources as well: https://www.clydeco.com/insight/art...-frozen-ahead-of-anticipated-foreign-judgment
    http://www.corrs.com.au/publication...f-international-and-domestic-arbitral-awards/
 
watchlist Created with Sketch. Add KRL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.