FROM AFR
‘Pump and dump’ group targets IPO rocket Kuniko
Tom RichardsonMarkets reporter and commentator
Aug 26, 2021 – 3.07pm
The huge paper profits on offer from penny stock promotions are helping ASX meme stocks rocket under a barrage of attention from paid media, social media, and shadowy encrypted messaging groups.
On Thursday, shares in Norway-based battery metals explorer Kuniko Ltd rocketed as much as 370 per cent to $3.60 at 13-fold their initial public offer price of 20¢ after it listed just two days earlier. Kuniko announced on Thursday morning that geochemical samplings were under way at its projects in Norway.
rest of article goes on.....
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.48M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 19.0¢ | $3.329K | 17.52K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 79 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 22051 | 2 |
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| Last trade - 13.09pm 30/07/2024 (20 minute delay) ? |
| KNI (ASX) Chart |