KRR 9.09% 1.2¢ king river resources limited

Interesting day for KRC . Only 3.5 million traded in the first 3...

  1. 5,780 Posts.
    lightbulb Created with Sketch. 3663
    Interesting day for KRC . Only 3.5 million traded in the first 3 hours and suddenly a mad scramble for stock. Plenty are watching closely at this stock and how it behaves. KRC have had some stellar announcements and yet people are happy to sell in the high 5's.
    The buying in the last hour or so I would describe as professionals buying not just mum and dad investors.
    I posted the other day that I could not understand why shareholders would sell at these levels given what KRC has already announced to the market, and more importantly the news that is still ahead of us.
    I have mentioned a few times that the scoping study will make many sit up and take notice of this stock if they haven't already . I am assuming it will read very favourably and it won't take long for investors to work out that the current market cap is still undervalued.

    Interesting times ahead for sure.
 
watchlist Created with Sketch. Add KRR (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
0.001(9.09%)
Mkt cap ! $18.33M
Open High Low Value Volume
1.1¢ 1.3¢ 1.1¢ $5.922K 500.9K

Buyers (Bids)

No. Vol. Price($)
10 873352 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 681818 2
View Market Depth
Last trade - 15.29pm 25/07/2024 (20 minute delay) ?
KRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.