Post by
tuesdaynightrid on Dec 22, 2023 8:23am
The National Article
Thanks for the link to National article.
".... has announced a distribution of K1.2 million in its share participation plan...".
There are currently 234 million KNT shares outstanding and, at first I thought meant
1.2 million shares but with k preceding the amount this is the Kina currency.
So, in reality, since the PNG Kina trades as 1 Kina= 0.27 usd, this amounts to only
$324,000 usd... a minor cost to knt... if I read this correctly.
Comment by
Bjornsjodin82 on Dec 22, 2023 2:04pm
Your welcome. Yes its kina so you read it correct.