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Ann: Kin makes Spectacular Primary Gold Discovery at Lewis, page-56

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flotsam222

5,113 Posts.

345

19/04/17

15:24

Post #: 24144285
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Originally posted by Crom Valen ↑

From running my rule over various companies, very few have got to where KIN are now without issuing 700 million plus shares. Too many cap raising's at sub 10 cents to pay fat corporate salaries.

KIN were bagged because directors were ponying up the millions required to buy the LGP via loans - and having the temerity to expect a decent return on their investment. Well it sure beats the alternative of issuing hundreds of millions of shares with the SP at a few cents.

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MC is 60m @ 40c
Gotta count the in the money options and the 40c ones if you believe the SP is going above 40c.

KIN Price at posting: 38.0¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 6.3¢		Change -0.002(3.08%)		Mkt cap ! $103.1M

Open	High	Low	Value	Volume
6.5¢	6.7¢	6.2¢	$108.8K	1.691M

Buyers (Bids)

No.	Vol.	Price($)
2	88775	6.3¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	35788	1

View Market Depth

No.	Vol.	Price($)
2	88775	0.063
1	100000	0.062
2	60456	0.061
8	286923	0.060
2	266950	0.059

Price($)	Vol.	No.
0.065	35788	1
0.068	517591	2
0.070	814108	2
0.072	483314	2
0.073	90000	1

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