I am not quite that cynical, I don't believe it was to try and catch anyone out.
The fact that they did have news may have been leaked, but there wasn't sufficient buying prior to the announcement to suggest there was a leaky ship.
I believe the announcement to be a good announcement but they still have a lot of work to do yet in the area, so there will be further releases.
It takes time and results to move the share price.
We have now had a higher high this week, which was suggested, that reflects in Kai's efforts.
They now need to keep the ball rolling with further results to keep the share price moving forward.
Pilbara, page-47
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Last
1.1¢ |
Change
0.001(4.76%) |
Mkt cap ! $28.83M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $16.56K | 1.647M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2718500 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 4177754 | 16 |
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| Last trade - 15.30pm 20/06/2024 (20 minute delay) ? |
| KAI (ASX) Chart |