Miningnut was right.
Van Eck offloaded 150K last Monday which explains the drop from 1.28 to 1.21.
Also indicates poor liquidity for this stock
Management may be wary of taking out a Thai bank loan as a shutdown of plant #2 due to an accident (real or contrived) could put them in default of loan covenants and the Thais could take possession of the mine
$4 Party is coming soon?, page-248
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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
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |