Dred - I sort of disagree. Management bought an "uneconomic gold mine & plant" (proof of this are the 3 or 4 prior corporate wreckages that this gold mine & plant have delivered). Since the purchase 6 months of no revenue - and 6 months of god only knows how much cash burn? Basically KAU have bought a "care & maitanence" scenario - and the cash KAU may have currently I am concerned will not turn the current situation they face around. Any future capital raising will have be done at a big discount (to the current price) and this will overhang the market for a very long time to come. I am sort of concerned about this plan.
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Dred - I sort of disagree. Management bought an "uneconomic gold...
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Last
17.0¢ |
Change
0.015(9.68%) |
Mkt cap ! $29.07M |
Open | High | Low | Value | Volume |
16.0¢ | 17.0¢ | 16.0¢ | $32.2K | 199.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 67036 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 155184 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 67036 | 0.165 |
3 | 150000 | 0.150 |
2 | 80000 | 0.145 |
2 | 156800 | 0.140 |
1 | 3254 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 155184 | 3 |
0.175 | 3500 | 1 |
0.190 | 144750 | 2 |
0.200 | 34175 | 3 |
0.205 | 200000 | 1 |
Last trade - 14.52pm 28/06/2024 (20 minute delay) ? |
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