Don't mistake a "crazy" one-day rise, with a "crazy" multiple. Whilst I agree that a 1 day rise of +50% is unusual (to say the least), on my reckoning this is still substantially under priced (with a heavy position sizer restriction caveat).
Ann: July 2022 Business Update, page-50
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Last
$4.17 |
Change
0.000(0.00%) |
Mkt cap ! $420.4M | |||
| Open | High | Low | Value | Volume |
| $4.21 | $4.24 | $4.12 | $3.020M | 723.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5621 | $4.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.18 | 4400 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| KGN (ASX) Chart |