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3.03%

6.8¢ kin mining nl

"Delphi blocked the GMD takeover for a reason."The million...

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coalboy

3,011 Posts.

195

11/07/23

14:50

Post #: 68729806
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Originally posted by RooBendigo: ↑

You might be right, but I think It possible Delphi can outwait GMD because they are a private investor and can hold Kin and keep funding it while GMD is under pressure from high expectations and large amounts invested in a promise of Leonora consolidation. Kin would be desperate if not for Delphi, sure. I think Delphi get underestimated, maybe because they are private and don’t have to explain themselves. But I might be guessing wrong, I realize that. I just think it is a mistake to think they are share traders. From their perspective the Kin resource keeps growing while they get to own more and more of it for less and less $. I think that EV based on $190 is their view, whatever the SP. Delphi blocked the GMD takeover for a reason. I don’t think they are going to just give up.

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"Delphi blocked the GMD takeover for a reason."
The million dollar question is why ?

KIN Price at posting: 3.4¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 6.8¢		Change 0.002(3.03%)		Mkt cap ! $78.93M

Open	High	Low	Value	Volume
6.7¢	6.8¢	6.7¢	$87.18K	1.285M

Buyers (Bids)

No.	Vol.	Price($)
2	229935	6.8¢

Sellers (Offers)

Price($)	Vol.	No.
6.9¢	132890	1

View Market Depth

No.	Vol.	Price($)
1	219935	0.068
1	54000	0.066
3	337344	0.065
2	37830	0.064
1	70000	0.062

Price($)	Vol.	No.
0.069	132890	1
0.070	401030	4
0.071	364819	2
0.072	100000	1
0.074	497496	1

Last trade - 11.25am 02/05/2024 (20 minute delay)


Last 6.8¢			Change 0.002 ( 0.00 %)
Open	High		Low	Volume
6.7¢	6.8¢		6.7¢	450146
Last updated 11.25am 02/05/2024 ?

KIN (ASX) Chart

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