Seriously Dalts, I would have never ventured into a foreign country like Thailand or Chile in the first place for that matter. But that's water under the bridge now. We own the mines so we have to spin it to our favor. We tried to sell, to no avail. So what else can we do to a project that is slowly bleeding us money YoY?
Look at our share price Dalts. Do you think we would have sold down when gold is at all time highs and we are making serious money? If we were in Australia we would be $3+ and growing. The fact of the matter is we have to deal with sovereign risk and the institutions love that recipe. Strong growth to push prices up and the selling power to push prices to artificial lows, knowing the momentum will bring it back up again as we have seen in the past week. It's ok it'll be back to 1.49 again for them to rinse and repeat.
My mutual fund pays me a fantastic quarterly. Do you think that would be possible in a falling market without algo-shorts?
- Forums
- ASX - By Stock
- KCN
- Ann: Chair's Address to Shareholders
Ann: Chair's Address to Shareholders, page-75
-
- There are more pages in this discussion • 43 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KCN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.54 |
Change
-0.005(0.32%) |
Mkt cap ! $396.9M |
Open | High | Low | Value | Volume |
$1.55 | $1.58 | $1.53 | $1.024M | 661.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21000 | $1.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.55 | 6269 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21000 | 1.530 |
1 | 3762 | 1.525 |
4 | 26762 | 1.520 |
1 | 7000 | 1.505 |
5 | 53850 | 1.500 |
Price($) | Vol. | No. |
---|---|---|
1.545 | 6269 | 1 |
1.550 | 17400 | 4 |
1.555 | 3762 | 1 |
1.560 | 3762 | 1 |
1.575 | 24500 | 2 |
Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
Featured News
KCN (ASX) Chart |