KCN 0.74% $1.37 kingsgate consolidated limited.

General discussion, page-3035

  1. 10,750 Posts.
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    I'm in the camp that says that they have manipulated the share price lower since the capital raising - try and reconcile that with the fact that nearly 2mil shares have been added by the Top20 in the last month alone.
    Also if you've been a buyer recently you will notice that when you put in a decent 10k+ order at the top of the buying order then you'll notice that the sellers on the top of the selling order immediately get bought out(by themselves).
    I don't know how long they want to keep doing this - I suppose it'll be for as long as it works in getting the price lower for them. It might come to an end when a rogue Fund decides it wants a 5% parcel.
 
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