I realise there is a lot of exploration companies that have suffered over the last 12-36 months but I think this one takes the cake for disappointed share holders in my view
KSN raised money at 20c , dropped to about 12c in the first year of listing and then gradually declined thereafter
In the last 12 month period id did get a bit warm for a month or so and had a high of 18.5 cents.
It sits on some very promising land some under a JV , some 100% owned almost all of which is in South Australia, yet now the most recent trades after tax season selling ended is at 2 cents , a 90% fall in less than 9 months on basically no bad news.
A listed company with current leases , cash in the bank , and no debt surely should be worth more than $1.5 million
Be interested to hear other views why it has dropped so far and taken so long to find a new MD
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Last
7.2¢ |
Change
-0.003(4.00%) |
Mkt cap ! $50.90M |
Open | High | Low | Value | Volume |
7.6¢ | 7.6¢ | 7.1¢ | $81.09K | 1.117M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 7.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.6¢ | 238847 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.072 |
4 | 912497 | 0.071 |
10 | 274556 | 0.070 |
4 | 276250 | 0.069 |
3 | 37476 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 238847 | 1 |
0.078 | 13110 | 1 |
0.079 | 167451 | 2 |
0.080 | 359662 | 8 |
0.082 | 214000 | 1 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
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