The SPP is to shut complaining share holders up about not bring able to participate.I don't really like this because now people will sell stock at a higher level to raise funds to get the cheaper entry.
This overhang of shares will take time to clear looks like we will head back down to 1.50ish.
Ann: Kingsgate completes $46M institutional placement, page-9
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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 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| KCN (ASX) Chart |