mulling through what was being said. Does it make sense to sell SCM to buy KC ?
KC price was at the low of $4.17 and today closed at $6.65
KOM revised value $4.5b has been lower by $378m from $4.87b
Are you saying to chase the price of KC to get 19.1 new SCM shares for the purchase of KOM ???
Let me sleep over it ..... sell SCM to buy KC to get 19.1 new SCM shares
Don' t thiink it really matters already. If the merger get voted down still need to re-nego on the terms .
This announcement essentially is the new terms for the acquisition of KOM.
Book value for SCM and KOM have gone up substantially
SCM collection as mentioned by Better is healthy.
Now the runway is clear, SCM is ready to take off. Someone commented institutions are ready to come in .... Could it be that institutions already knew, today average price is 12.05c with volume of 180m
Also, today is rather quiet throughout until last 30mins before market closed
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