nathanblack,
In the previous rights issue in August, the stock briefly got down to 6.9c (Rights Issue at 6.5c) so it is certainly possible that the stock could get to 13c/14c. Personally I doubt it because the stock is more de-risked now than it was back in August and I sense there is strong institutional support that will see heavy buying around 14.5c/15c if it gets there. I'm certainly a heavy buyer at 14c.
top up offer, page-20
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Last
9.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $61.57M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 41965 | 1 |
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| Last trade - 16.12pm 07/10/2024 (20 minute delay) ? |
| KGL (ASX) Chart |
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