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5.00%

1.1¢ king river resources limited

Ann: FNN Investor Presentation Sydney 20th February, page-65

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Yak52

2,558 Posts.

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24/02/20

15:34

Post #: 43116172
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Originally posted by possum2: ↑

Yak,

I think you will also find that many of T.B's followers who jumped into SPX with him are now selling out of SPX and suddenly have monies available looking for the next vehicle. There have been 65 million SPX shares sold today. That money has to go somewhere and quite possibly some of it is finding it's way into KRR. The timing could not have been more perfect. The presentation read well and the PFS is not too far away. SPX holders were given a nice early present by Ramelius so why not park some of those proceeds into KRR.

Sometimes you can be lucky enough to be able to exit one stock and find an instant home for those proceeds. This certainly looks like this may be happening as we speak..

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yes...….possum2........I agree this is most likely the case. I myself took some from SPX to get a better cash/share balance and these funds have gone into KRR and others over last 2 days.

And yes the timing could not have been better! So days it just all comes together so nicely.

Yak52

KRR Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 1.1¢		Change 0.001(5.00%)		Mkt cap ! $16.04M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$283	26.97K

Buyers (Bids)

No.	Vol.	Price($)
17	3278149	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	266157	4

View Market Depth

No.	Vol.	Price($)
17	3278149	0.010
15	5519850	0.009
7	27098429	0.008
5	5799516	0.007
6	5400808	0.006

Price($)	Vol.	No.
0.011	266157	4
0.012	2252988	5
0.013	1611003	8
0.014	2637941	12
0.015	2165560	7

Last trade - 11.14am 01/08/2024 (20 minute delay)

KRR (ASX) Chart