I expect next week that the rally next door will consolidate and meet some profit taking now that they have a $60m undiluted market cap.
We could see some of those funds put into KNL for our move back to 20c where we should be by late April to early May.
These buyers will benefit from any short term holders here who want to take profits as we climb but there won't be many shares available once those are absorbed. Most holders are waiting of funding and the bigger rerate that will follow.
Ann: Completion of Share Purchase Plan, page-51
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 13.0¢ | 11.5¢ | $21.53K | 175.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 48994 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 10553 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |