Some other random guy in an other Forum wrote this:
„So, I have now taken a look at the "fundamental data" and done some calculations myself:Assuming that the court case actually ends positively for Kingsgate, really gigantic increases are to be expected here: the high of Kingsgate was over 8€ from the year 2010. At that time, the gold price was still at about 1250 €-1300 $, today it is over 1800 US-$.Makes a value increase with gold of approx. 50%. If we now assume that mining shares grow with a leverage of factor 3 to the gold price, the highest price of Kingsgate should be set 150% higher than in 2010. This would make the target about 20€.Call me a dreamer if you like, but I'm not really known as a dreamer, I just see the enormous potential here if the court cases go in Kingsgate's favor. You can really get healthy with this stock if you have the guts here and just go in once. The trial will certainly not be decided tomorrow, but the low market capitalization alone could make Kingsgate a takeover target very quickly and that would already be enough to reach prices of €5 here. Should the process still go wrong, you probably suffer a total loss, that should be clear to every trader!But I see the opportunity / risk profile clearly on the long side! The Sky is he Limit!I have doubled my position again!Greetings“
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Last
$1.65 |
Change
0.070(4.43%) |
Mkt cap ! $425.2M |
Open | High | Low | Value | Volume |
$1.63 | $1.68 | $1.62 | $858.1K | 520.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8431 | $1.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.65 | 45705 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6134 | 1.630 |
1 | 20000 | 1.620 |
1 | 312 | 1.605 |
1 | 1886 | 1.590 |
1 | 1000 | 1.585 |
Price($) | Vol. | No. |
---|---|---|
1.650 | 45705 | 3 |
1.675 | 26000 | 2 |
1.680 | 25984 | 2 |
1.690 | 10590 | 2 |
1.710 | 5986 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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