Well the bubble has burst, much earlier than I expected and some SP are returning to what the market sees as true value. If there is any consolation in this it will be oversold.
Also I note DEG is holding up well. While they do have a patch of alluvial nuggets, they are a very far cry from demonstrating they have anything remotely like a Purdy's. That shows the market still has a risk appetite atm and if it holds up, will demonstrate that anything looking like a real find will be well rewarded in future.
KAI will have to work for its SP from here on, reluctantly I have to say that I think thats how it should be.....cuts out the risk in holding to a big degree.
Accumilation, page-9
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Last
0.9¢ |
Change
-0.001(5.26%) |
Mkt cap ! $23.58M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $17.28K | 1.920M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1942949 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 3334130 | 12 |
View Market Depth
| Last trade - 13.44pm 05/07/2024 (20 minute delay) ? |
| KAI (ASX) Chart |