Cranny - I had not seen the 1st qtr report & that might largely explain the severe SP drop since the leases were granted. But it also suggests certain traders may have known how low this quarters production would be.
Still I think there is a good chance they will meet their forecasts - I don't think they would make them unless they thought they could reach them.
This next quarter needs to have some good news otherwise
the SP may falter
slow to pick up, page-5
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Last
$1.36 |
Change
-0.025(1.81%) |
Mkt cap ! $350.5M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.39 | $1.35 | $498.0K | 365.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 945 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 4186 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |