KRR 0.00% 1.1¢ king river resources limited

HPA Demand, page-14

  1. 2,558 Posts.
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    GEEZ PEOPLE! KRR is only 0.026c Cheap as chips, a give away for all its potential and the business model.

    Maybe you all need a reminder like so many down here in the "Spec" stocks do lately.

    KRR is ONLY a spec stock Exploration company currently! It is not a producer or else it would have a SP of at least $1.50 and probably $3.00 +
    It is now all about future potential and not about "Revenue" now and most certainly not Dividend payments [yet].

    So many investing/trading here in the under $2.50 mark demand a Revenue and or Dividend or they don't like it. How can a penny stock do that???
    Spec stocks are at the developing/discovery/building phase and are working towards a income producing stage later after PFS/BFS/Financing & construction.
    And then you will pay at least $1.00 on commissioning of the plant to get in.
    If a company has income/revenue and /or a dividend payment it most certainly is not down at the cheap end of town!

    Maybe you all should start thinking of the "Value" you have locked in with your KRR shares and what they and the company really represent.
    KRR is seriously undervalued for 0.026c. Look around at others just for an example.
    The reason?
    Simple! This end of town is the EMOTIONAL TRADING/INVESTING model where "News" is what drives a SP and only temporarily at that.

    You want dividends or revenue? Dig deeper into your pockets then!

    Yak52

 
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Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $16.81M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $15.31K 1.392M

Buyers (Bids)

No. Vol. Price($)
1 457327 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 2158722 9
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Last trade - 13.40pm 01/11/2024 (20 minute delay) ?
KRR (ASX) Chart
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