"So I wouldn't expect any downward pressure on KCN, with the proviso of course that the gold price is simply consolidating."
I could not have been much more wrong on this, but that is the market for you.
Obviously some are not impressed with the DOM acquisition.
I still think it is a ridiculously low price to hand the company over for.
Proviso of course: Are the DOM management projections to be relied upon, and KCN should have a much better idea of that than us.
kcn coming for dom, page-24
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Last
$1.38 |
Change
-0.080(5.48%) |
Mkt cap ! $355.6M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.46 | $1.38 | $790.9K | 564.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 2446 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |