To reiterate how loopy Mr Market is, yesterday we had 220m shares valued by the market at $2.00 so worth $440M total.
today we have 251m shares at $1.50 so worth $376M.
but we have $46M more cash than yesterday.
market logic, the more cash a company has the less it is worth
Ann: Kingsgate completes $46M institutional placement, page-78
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Last
$1.67 |
Change
-0.005(0.30%) |
Mkt cap ! $431.7M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.68 | $1.67 | $91.19K | 54.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 996 | $1.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 5433 | 5 |
View Market Depth
| Last trade - 10.23am 18/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |