Well the bubble has burst, much earlier than I expected and some SP are returning to what the market sees as true value. If there is any consolation in this it will be oversold.
Also I note DEG is holding up well. While they do have a patch of alluvial nuggets, they are a very far cry from demonstrating they have anything remotely like a Purdy's. That shows the market still has a risk appetite atm and if it holds up, will demonstrate that anything looking like a real find will be well rewarded in future.
KAI will have to work for its SP from here on, reluctantly I have to say that I think thats how it should be.....cuts out the risk in holding to a big degree.
Accumilation, page-9
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $23.58M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $28.43K | 3.301M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 5310207 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 200035 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| KAI (ASX) Chart |