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1.72%

5.9¢ kin mining nl

Would also likely see some selling in KIN as people need to...

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burntgamber

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21/08/17

19:42

Post #: 26643801
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Originally posted by Nowhere Man ↑

Good to see another $439,000 wash into the coffers with the exercise of options.

That 31st August 2017 series only have about 1 working week left in 'em, so not long to wait now 'til they're out of the way.

Today's 3B leaves 8.8m (which will inject a further $1.76m) still outstanding from the series. I'm sure they'll romp in given the pricing and the Company's prospects.

Then, with the waters less muddied, this conveyance should respond keenly to any news.

Fully diluted, KIN still has fewer than 191m pieces of paper on issue. Which is quite remarkable for where we're at. That includes all outstanding options which, assuming they are all eventually exercised, will harvest a further $6.28m to the Company in addition to $1.76m mentioned above.

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Would also likely see some selling in KIN as people need to raise money for the options conversion, or they convert the options and sell the shares to regain their capital for a free ride.

I would say there has been a bit of this since late July.

KIN Price at posting: 36.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 5.9¢		Change 0.001(1.72%)		Mkt cap ! $69.51M

Open	High	Low	Value	Volume
5.8¢	5.9¢	5.8¢	$27.08K	459.9K

Buyers (Bids)

No.	Vol.	Price($)
2	28715	5.8¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	444115	3

View Market Depth

No.	Vol.	Price($)
2	28715	0.058
5	567471	0.057
3	609682	0.056
1	41818	0.055
3	57592	0.054

Price($)	Vol.	No.
0.060	444115	3
0.063	50000	1
0.064	59166	3
0.066	45000	1
0.067	285970	1

Last trade - 15.51pm 09/07/2024 (20 minute delay)

KIN (ASX) Chart