At time of posting it actually was +37% ;-) I agree that some real volume is required to re-establish support levels and drive sustainable SP growth. However, that won't happen without some sort of news on project(s) development...which it seems is not a super high priority item for NKL management.
Penny dreadful or not (it is) explorers without strong projects portfolio are not a favourable investment choice during a recession/market volatility period. Unless MG delivers some 'earth shattering' news, NKL is not going nowhere.
Ann: Annual Report to Shareholders, page-11
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Last
2.3¢ |
Change
-0.002(8.00%) |
Mkt cap ! $2.02M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.3¢ | $1.806K | 78.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 133001 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 93333 | 1 |
View Market Depth
| Last trade - 15.06pm 06/06/2024 (20 minute delay) ? |
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Last
2.3¢ |
Change
-0.002 ( 17.9 %) |
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| Open | High | Low | Volume | ||
| 2.3¢ | 2.3¢ | 2.3¢ | 76666 | ||
| Last updated 13.47pm 06/06/2024 ? | |||||
| NKL (ASX) Chart |