@Money made you asked me the question, this is my honest opinion.
If I was looking around and saw KRC chart. I wouldn't touch it. As you already know I am in for the long term (Have no choice now) but the way this share is going down even I, am starting to be concerned. Since 27 July 2018 we have been in a free fall, from a close on the 27 July @11.5¢ till today 18 September 2018 @0.045¢ a decline in SP of over 60%.
I thought the sideways movement from April to August was frustrating. It was going along with a bit of accumulation, then 3 September kicked in and its been a downhill slide ever since.
The announcements when they come out this month will have to be nothing short of GREAT to get the SP back to or above where the close was on the 23 August 2018 @ 9.3¢ as since then the SP has lost 4.8¢ (51.6%) to get to 10¢ we need a rise of 122% a big task. not saying it cant be done as I've seen it with other company shares, just would have preferred the SP to have been in the 8¢ to 10¢ range already.
I don't know why the big sell off and we can all come to a different reason, but we will never know exactly why as we are not privy to that kind of info. It has nothing to do with shorting as you can see by attachment there hasn't been any real big VOL shorting.
For now I don't bother looking at the monitors, I am enjoying what the day has to offer instead. When I get an alert to say an announcement has been released, then I will for sure. Who knows we might get the fluorite, vanadium and a JV announcement from a big player in one release (One can only wish).
My comments/posts are based completely on my own experience thoughts and interpretation along with my current financial position at the time.
Conduct your own due diligence, consult a licensed financial advisor or broker before making any and all investment decisions. As usual all constructive criticism welcomed.Good luck to all that hold.
- Forums
- ASX - By Stock
- KRR
- Is it worth 4.9 cent a share?
Is it worth 4.9 cent a share?, page-50
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KRR (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.75M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $23.78K | 2.400M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 6200311 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1100000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 6200311 | 0.009 |
8 | 28480304 | 0.008 |
5 | 5799516 | 0.007 |
6 | 5100808 | 0.006 |
12 | 8038888 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1100000 | 2 |
0.011 | 2390000 | 4 |
0.012 | 1242985 | 7 |
0.013 | 1846567 | 8 |
0.014 | 972413 | 7 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
KRR (ASX) Chart |