If gold 'gets its mojo back on' as in make new highs? That would send KCN far higher than $2.
But you're right that it's at risk, with a high leverage to the gold price. Another 10% fall in the gold price would be painful...as in, a 50% fall in KCN.
intrinsic value, page-6
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Last
$1.33 |
Change
-0.020(1.48%) |
Mkt cap ! $342.8M | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.35 | $1.32 | $443.8K | 333.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28792 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 1914 | 1 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |