KCN 10.0% $1.26 kingsgate consolidated limited.

whats up doc, page-3

  1. 30,286 Posts.
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    noticed that myself. given that gold has been strong, i thought kcn would have gone up a tad - but alas, i am wrong


    the reality is, is that us minions are always the last to know

    the reality is, is that this stock has been a tad disappointing over the past 3 years, but has the potential to have a quantum leap in the shareprice. did get to $6.80 earlier this year, and watso thought the price at the time, was well justified

    the high turnover, certainly looks like someone wants out - but the shares are getting snapped up - albeit at ever decreasing prices

    in a recent broadcast (see link via hc) mr thomas painted a very rosy picture of the company, and stated that the thai joint venture partner had been selected, but they could not make an announment till everything had been finalized - which would be soon. mr thomas, from memory, also stated that an ipo, would be done a bit further down the track, ensuring that full value would be received for the stake in chatree. the thing is, is that a partial sale needs to be done soon - and very soon - and i wonder if full value will be received - and that, i guess, will not be the case. after all, if the mining permits had been granted for chatree north, then a higher price would have been received, for any interim sale

    ah - time will tell

 
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Last
$1.26
Change
-0.140(10.0%)
Mkt cap ! $333.7M
Open High Low Value Volume
$1.37 $1.37 $1.25 $2.090M 1.609M

Buyers (Bids)

No. Vol. Price($)
1 3940 $1.35
 

Sellers (Offers)

Price($) Vol. No.
$1.20 1200 4
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Last trade - 15.59pm 11/11/2024 (20 minute delay) ?
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