When the retail market is mature enough to invest funds and hold, not just flip when there’s profit.
The ASX retail investors are still not as mature and market depth not as solid as the retail markets on the European and American bourses. That is why companies who want capital lean heavily towards the institutions. Companies know that they will get the dough they ask for from institutions but not retail.
Ann: $20 million raised through completion of Share Purchase Plan, page-64
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Last
$5.16 |
Change
0.010(0.19%) |
Mkt cap ! $523.8M | |||
| Open | High | Low | Value | Volume |
| $5.14 | $5.24 | $5.14 | $815.8K | 157.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 12038 | $5.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.17 | 748 | 4 |
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| Last trade - 11.24am 30/09/2024 (20 minute delay) ? |
| KGN (ASX) Chart |