Why the attitude? its pretty clear that big money funds are buying this as its going to be in the ASX300 within 6 months and probably into the ASX200 within 12-18 months. The free float is tiny, so this thing will keep going up as funds need to buy.
You think that is retail reloading $4 bids all day yesterday and $3.85 all day today?
Funds dont care about tiny 5% fluctuations this will be over $10 in a 18-24 months
Maybe Equity Story will put another buy at $4.80 after they lose another 60c in gains by saying take profits...
Im sure the funds that are buying are loving the retail liquidity that came out yesterday and this morning.
$4 next week, page-31
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Last
$4.18 |
Change
-0.050(1.18%) |
Mkt cap ! $420.5M | |||
| Open | High | Low | Value | Volume |
| $4.25 | $4.29 | $4.14 | $2.293M | 545.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1657 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.19 | 4750 | 2 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| KGN (ASX) Chart |