Any talk of a dump haven't taken the constant downward pressure on the KRR Sp into account over the past year as well. We are significantly undervalued.
Anyone buying in hard on HPA news will know the sector pretty well and what the potential numbers will mean in comparison to other peers. If the numbers are significant and show us on par with peers (e.g. at 50c plus), then why on earth would you dump KRR if we spike to (e.g. 8c) post PFS??? Surely these buyers would hold out until it reflects similar value? Even if they do sell out, further players will come to the party on the attention as news settles and do their analysis and if we are still undervalued they will just soak up their sell orders and could potentially drive the SP further.
Whatever happens will be in the detail of the PFS and the smart money will have their calculators out, doing their sums and doing their comparisons with other players in the sector. I am not saying this is going to rocket to 8c plus, that was an example. However anything is possible and IMO we will definitely get a new bottom and support levels following PFS (as long as it is decent).
Dump talk is premature at this point in time, because even if dumps have occurred for KRR in past announcements, this is a whole new ball game now and the big players will be starting to take time to do their investigations now that the HPA project has reached this milestone.
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Mkt cap ! $13.75M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 2383571 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 2012777 | 5 |
View Market Depth
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7 | 28896804 | 0.008 |
6 | 6133515 | 0.007 |
7 | 5489807 | 0.006 |
13 | 9149887 | 0.005 |
Price($) | Vol. | No. |
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0.011 | 1970000 | 5 |
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