KRR 0.00% 0.9¢ king river resources limited

KRC chart, page-2423

  1. 1,116 Posts.
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    It is amusing seeing some of the posts in regards to having a go at people who post charts and are positive or negative towards KRC.
    Honestly, do people come here for confirmation as to whether to buy or sell? If you do you are in for the biggest upsets in investing. We all come here to share a thought, opinion, ideas, charts, whatever, but that is all it is. It is not gospel, it is not financial advice.

    There are some very good posters on here, both positive & negative as it gives balance to the shares. Sometimes people are too emotionally attached to the shares that they do not like negative comments. It is those comments as long as they are backed by a reason or information they should be taken on board and then for you to go and do more research.
    I have hoped that my posts have been semi impartial as I am a holder, but I am in for the long term. The daily drops or rises I look at from time to time, but not overly concerned. We all share our thoughts and opinions, but then it is up to people who read them, to follow up on the comments and check it out to verify.

    The SP has dropped 75% since the high of 19¢ (21 March 2018) to today’s low 4.6¢. Yes it is of concern and I don’t blame anyone being so. In the last 16 days the SP has dropped 51% and you have to ask WHY?
    1. Is it someone with huge capital smashing it down to trigger off the stop losses
    2. Why has someone sold a heap of shares
    3. Is it because V2O5 has come off from being the hot stock
    4. The ASX being hammered
    5. US & China trade wars
    6. People feeling uncertain as to where the market is going so cashing up
    7. People selling and jumping onto other shares with more movement for now
    8. People waiting for the SS to be released
    9. Other reasons
    10. All of the above.

    Either way everyone buys/sells for a reason that is the stock market for you. As long as you have done your research and were confident in what KRC have and the management, and bought in. Then it is once again up to you to make the research & decision as to whether you stay for long term or sell now. Just because you do research in a company before buying in, you still need to read their reports, look online etc to keep up to date with the company.

    My comments/posts are based completely on my own experience thoughts and interpretation along with my current financial position at the time.
    Conduct your own due diligence, consult a licensed financial advisor or broker before making any and all investment decisions. As usual all constructive criticism welcomed.Good luck to all that hold.
 
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(20min delay)
Last
0.9¢
Change
0.000(0.00%)
Mkt cap ! $13.75M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $23.78K 2.400M

Buyers (Bids)

No. Vol. Price($)
22 6200311 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1100000 2
View Market Depth
Last trade - 16.10pm 11/09/2024 (20 minute delay) ?
KRR (ASX) Chart
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