One positive in my view is that it will get us out of this 5% movement with every tick up or down in SP when just over the 10 cent mark. When the SP is below 10 and then it reaches 10 again there is a big stand off as no one wants to buy with 5% tick up at 10.5 cents. The SP doesn't want to go anywhere for a long time. I'd like to see us get away from this trading range.
At around the $1 mark the tick up or down is around 0.5% instead of the 5% we now have. In my view it will entice new buyers to take up KGL.
consolidation on the cards, page-8
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Last
10.5¢ |
Change
0.009(9.38%) |
Mkt cap ! $68.05M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $12.02K | 115.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 28818 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 99999 | 1 |
View Market Depth
| Last trade - 15.42pm 08/11/2024 (20 minute delay) ? |
| KGL (ASX) Chart |