sovereign risk , or the perception of the risk, could affect the share price in the medium term. right now, there seems to be a lot of trouble in thailand. maybe when the time comes to borrow the funds for the expansion, then the problems might affect the abiltiy to raise funds
a bit of a sell down today, with 115,000 shares traded in the closing auction. the trades were done at the lower end of the days prices.
do not be surprised if the stock falls below $2. 16% fall for the day, was way ahead of other gold stocks
might almost be time, to simply forget about things, put the stock in the bottom drawer, and hope for the best, and look again in a years time - and hoepfully things will have settled down
new gold discovery, page-32
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Last
$1.35 |
Change
0.060(4.65%) |
Mkt cap ! $347.9M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.36 | $1.30 | $900.7K | 678.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2877 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 2963 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| KCN (ASX) Chart |