KRC chart, page-2287

Simple logic. The violent slide was on massive volume with quite a few large offers going through. IMO the only thing that would have stopped the slide would have been a massively positive Ann. Unfortunately what we got was a "we don't know what's causing it" Ann. Its not lIkely that KRC wIll release a hugely posItIve Ann eIther for the CS, or a JV, or outatandIng gold drIllIng results. Thwy sImply don't have anythIng else left In the kItty.

So the only thing that remains is the overall trade war issues, ASX200 taking a bath and China turning the screws on EV materials pricing. So the KRC slide IMO is in effect the markets response to the macro picture and as such IMO KRC has more to drop given how violent the trend is over the last few days.

It is possible that one or more major holders have exited and dumped a lot of liquidity on the market.