They're not the only ones to release average results in the last couple of weeks and to be honest I was expecting any news before Xmas to be disappointing.
The explorer market hasn't seen the same buying appetite as it did months ago, and along with the reduction in Gold price, lack of news, and money to be made elsewhere, the KAI SP has suffered. With a small market cap you are also at the mercy of short term traders. I think it will take some consistent and favourable drilling results, and a continuing rise in the price of Gold, to get this train back on track. Until then I expect a bumpy ride ahead.
Ann: Pilbara Exploration Update, page-29
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Last
1.8¢ |
Change
-0.001(2.78%) |
Mkt cap ! $44.72M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $79.55K | 4.678M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10580 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 3814278 | 7 |
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| Last trade - 12.55pm 07/11/2024 (20 minute delay) ? |
| KAI (ASX) Chart |