Totally agree with you. Unfortunately KFM is currently a falling knife in a bull market for REO's. Bull markets "giveth" and they "take away" in spectacular fashion. IMHO better to look for strength and upside break outs elsewhere. At this stage you are betting on red or green here. Will watch for inevitable stabilization of share price and ongoing news flow. My sense is that KFM has been overhyped, and now is going through the hangover phase.
Ann: High Grade Drilling Results Confirm New MW2 REE Discovery, page-87
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Last
6.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.222M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17855 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 58110 | 1 |
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| Last trade - 16.12pm 08/11/2024 (20 minute delay) ? |
| KFM (ASX) Chart |
Day chart unavailable