The logic of dumping escapes me. Unless people are buying in big at 2c and dumping at 3c.
For most of us we've had these shares in the bottom drawer for a year or two and seen the price collapse from over 6c on basically no news; just the general investment flight from mineral exploration.
But they still have over 2 million ounces: at a market cap of $4 million that is $2 per ounce. The value has been there all that time: people are just waking up now.
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $8.037M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $16.60K | 1.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24920 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 366236 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
0.001 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.3¢ | 1.2¢ | 1266279 | ||
| Last updated 15.04pm 14/06/2024 ? | |||||
| KGD (ASX) Chart |