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$1.59 kingsgate consolidated limited.

Thanks for the explanation guys Makes sense. Got my announcement...

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austted

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100

04/04/23

12:07

Post #: 67125502
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Originally posted by tutor: ↑

If they're doing for a trade then it's a trade... it makes money or it doesn't and they move on. The increase in shorts occurred 28th while the stock rallied sharply on strong volume after its announcements on 17th and particularly the 24th. Next thing you know, there's a trading halt for a capital raising. First word that comes to mind is "opportunistic". They aren't the first miner to raise following a few quick positive announcements and a sharp rally, so i don't begrudge them that.

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Thanks for the explanation guys Makes sense. Got my announcement timing wrong.

KCN Price at posting: $1.48 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last $1.59		Change -0.005(0.31%)		Mkt cap ! $409.8M

Open	High	Low	Value	Volume
$1.59	$1.59	$1.57	$64.53K	40.65K

Buyers (Bids)

No.	Vol.	Price($)
6	6163	$1.57

Sellers (Offers)

Price($)	Vol.	No.
$1.59	6053	6

View Market Depth

No.	Vol.	Price($)
7	10959	1.570
2	1031	1.565
5	37751	1.560
5	18228	1.555
2	19200	1.550

Price($)	Vol.	No.
1.585	5341	3
1.590	9306	3
1.595	1636	1
1.600	8171	3
1.605	20180	3

Last trade - 10.28am 08/05/2024 (20 minute delay)


Last $1.57			Change -0.005 ( 0.45 %)
Open	High		Low	Volume
$1.58	$1.58		$1.56	4184
Last updated 10.42am 08/05/2024 ?

KCN (ASX) Chart

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