I am another disappointed holder too. Yes the large stakeholder's sale tanked the price. Yes this will take time and a few good announcements to recover, but it is worth comparing KIN with others.
Most miners on my gold watchlist are languishing. SBM is currently at a 5 year low and could possibly be dragging KIN down by association. EVN is just coming off a 1 year low. RSG - basket case. etc etc. I have seen numerous interviews of gold fund managers on ***** reflecting on the global under-performance of gold miners, not just asx gold miners. There are many possible explanations, but every one of them feels the index will re-bound strongly as the disparity between gold price and share prices is so high. Everyone feels the trigger will be a rally in the gold price. At the moment its a guessing game when that will be.
I think we need to benchmark KIN within this dismal broader context. It is not simply a management issue. I guess we just need some lucky strikes and a lift in the broader gold miners basket to see green.
- Forums
- ASX - By Stock
- Ann: Annual Report to shareholders
I am another disappointed holder too. Yes the large...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KIN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online