Fresh Equities
KANGAROO ISLAND PLANTATION TIMBERS LTD

KANGAROO ISLAND PLANTATION TIMBERS LTD

ASX:KPT

Last Placement
Bidding Closed
Offer Price
$2.0000
Discount to Close
14.89%
Raised
$9M
Last Close
$2.3500
Market Cap at Close
Not Available
Relisted
Feb 17, 2019

Company Information

Kangaroo Island Plantation Timbers is Australia’s only listed timberland company. It manages a wholly-owned portfolio of hardwood and softwood forestry plantations, growing on former agricultural land on Kangaroo Island, South Australia. The Company owns about 25,000 hectares of productive Kangaroo Island land, with 14,200 planted to either softwood (radiata pine) or hardwood (eucalyptus globulus and eucalyptus nitens). A further 7300 hectares is remnant native vegetation. The Company also owns Kangaroo Island’s only sawmill, and owns potential port sites at Ballast Head and Smith Bay. The Smith Bay site is considered suitable as a site for a deep water wharf that can be used as a bulk log or chip export facility.

Type

Listed Company

GICS Sub-Industry

Forest Products

Head Office

Aurora on Pirie - Eastern Tower, Suite 805 House 5000/147 Pirie St, Adelaide SA 5000, Australia

Forest Products
Materials

Quarterly Cash Flows

The numbers below are derived from quarterly cash flow reports provided by the company. Fresh Equities does not guarantee that the information provided is accurate, you can read the associated report by clicking read more for the quarter. Always do your own research and do not rely on the information provided here as your only source of research.



Fresh Equities

Copyright © 2018 Fresh Equities. All rights reserved.

ACN 619 657 028. CAR: 001267539 of AFSL: 471379.
Archive
Support
This website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by Fresh Equities Pty Ltd, its representatives or any other third party regardless of whether such security, product or service is referenced on this website.