It's painful to watch but highly predictable SP behavior for this stock.
As a ex LT holder I can say anyone holding now before Mine finance is taking risk in losing more equity value in their holding IMO.
With a 35% equity raising likely (65% loan) one must be thinking it will be at huge discount to where the SP is now.
Maybe better to take profits now and re-enter after mine funding completed.
Depends how much risk adverse the trader is.
BAFFLES ME THIS SP.
Ann: Becoming a substantial holder for KNL,KNL-CBA.AX, page-106
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Last
11.0¢ |
Change
-0.008(6.38%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.0¢ | $37.66K | 330.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 113000 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 73141 | 1 |
View Market Depth
| Last trade - 12.02pm 10/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |