I remember this across-the-board selloff of all stocks, including gold producers, in the global financial crisis crash….
our dollar had fallen and the gold price was high, so the selloff in gold stocks was unfair, but explained by people having to raise cash anyway they could…
after the dust settled, then gold producers took off, all on their lonesome, ….. at least, that is how I remembered it!
any profitable company raking in lots of US dollars should do well in this low $A market….our dollar is below 63c at moment.
KCN is raking in US dollars, and hopefully lots more soon.
thank God we are unhedged.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-40
Add KCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.58 |
Change
-0.015(0.94%) |
Mkt cap ! $405.9M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.64 | $1.57 | $580.5K | 364.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9997 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 5953 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |