KGL 4.76% 10.0¢ kgl resources limited

Buy depth very thin. It could go either way. If sellers get...

  1. 7,746 Posts.
    Buy depth very thin. It could go either way. If sellers get nervous they will need to lower price into the few buyers that do exist. It will fall quickly on lowish volumes.

    Just depends really. We have reasonable gold sector but its also the weekend. In these markets people have been not wanting to hold over the weekend.

    Then you have the elephant in the room. The Andash update. Will it be during the day? After hours? Not at all? And how does market interpret the ann or lack of ann. The longer we go without the ann the more likely it will not have a positive spin.

    Release it now, possibly over-reaction on the downside follwed by strong buying support. That's how I'd do it.
 
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Last
10.0¢
Change
-0.005(4.76%)
Mkt cap ! $64.81M
Open High Low Value Volume
10.5¢ 10.5¢ 10.0¢ $4.239K 41.38K

Buyers (Bids)

No. Vol. Price($)
1 78628 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 42032 1
View Market Depth
Last trade - 13.33pm 11/11/2024 (20 minute delay) ?
KGL (ASX) Chart
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