true, but it is so much about sentiment and rotation. So even with good fundamentals, it appears that some market participants are moving their proceeds from the covid-19 winners into the covid-19 losers as they see more recovery potential. Also its about valuation. If the covid situation persists less long than anticipated, some are no kore willing to pay the high multiples. It was obvious that black friday is coming but the market is just very crazy at the moment....
Ann: 2020 AGM Presentation, page-78
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Last
$4.21 |
Change
-0.040(0.94%) |
Mkt cap ! $429M | |||
| Open | High | Low | Value | Volume |
| $4.25 | $4.30 | $4.21 | $578.6K | 136.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 7776 | $4.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.21 | 5128 | 14 |
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| KGN (ASX) Chart |