I posted in Feb this year, when KCN was about $1.20 that D&D Tolhurst were saying that this stock would be between $2.75 to $3.00 by the end of the year.
At the time a few other posters laughed at the prediction...but who is laughing now! They have now revised their forecasts and $5.50 to $6 within the next 6 months they now believe is achievable.
This company is now one of the lowest cost gold producers in the world and they will be paying no tax for the next 3 years. As one poster noted earlier this week KCN management have to ensure that they do not become a take over target as they are certianly avery attarctive proposition now.
Also expect a decent maiden dividend in October this year, with some analysts believing that a 30 cents dividend over 12 months would be a very conservative figure.
And of course do your own research....
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Last
$1.63 |
Change
-0.055(3.27%) |
Mkt cap ! $418.8M |
Open | High | Low | Value | Volume |
$1.66 | $1.67 | $1.63 | $376.3K | 229.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 10338 | $1.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.64 | 51400 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10338 | 1.625 |
1 | 10000 | 1.620 |
1 | 2196 | 1.615 |
5 | 29322 | 1.610 |
2 | 1255 | 1.605 |
Price($) | Vol. | No. |
---|---|---|
1.635 | 51400 | 2 |
1.640 | 1464 | 1 |
1.645 | 1464 | 1 |
1.650 | 41464 | 2 |
1.680 | 75076 | 3 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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KCN (ASX) Chart |