No matter how positive members are trying to be, this further delay and this whole 5 month charade is a disaster for the company and for the shareholders.
I had a trader telling me that he wouldn't touch KGL until it was finally confirmed that Andash would proceed. He is now saying I told you so and classifies KGL as a "basket case".
The Andash issue could drag on for months and months to come.
I feel sorry for those who bought shares at $1.45, and I bought a batch at a $1.35, against advice. No matter how good the prospects are for the future, and I will be hanging in there on the Aussie assets, dropping below 80c is a disaster!
With few buyers, the sp could drop even more. And those institutions that were going to buy in big and spike the sp, they've evaporated.
Whilst there are good things happening in Aus, the reality is there are plenty of very unhappy,and concerned shareholders at the moment!
andash early-mid may, page-81
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Last
9.7¢ |
Change
-0.008(7.62%) |
Mkt cap ! $62.86M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.7¢ | $28.09K | 288.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 357856 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 87703 | 1 |
View Market Depth
| Last trade - 15.55pm 14/11/2024 (20 minute delay) ? |
| KGL (ASX) Chart |