KGL had a strong uninterrupted run from $1 to $1.46.
A catalyst was all that was needed for a profit taking correction.
The catalyst?
What one extremist politician said, markets correcting, the gold price and gold stocks correcting.
Take your pick; any one may have been enough on its own.
All combined did the job.
Where will the bottom be?
Guesswork. We have pulled back nearly 50%.
Judging by the level of insto buying on the way up, this may be enough. Depends how many nervous traders are left I guess and how eager the buyers are to start buying again.
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.72M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 10.0¢ | $1.653K | 16.52K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 68858 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 9331 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 68858 | 0.097 |
4 | 111833 | 0.096 |
3 | 144900 | 0.095 |
1 | 60000 | 0.094 |
1 | 100000 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 9331 | 1 |
0.105 | 19340 | 4 |
0.110 | 64706 | 2 |
0.115 | 13690 | 2 |
0.120 | 317648 | 2 |
Last trade - 14.36pm 01/08/2024 (20 minute delay) ? |
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KGL (ASX) Chart |