It's only Wednesday calm your farm. Notice has been out for two days at the end of a month. Yesterday 1,131,755 was moved through ksn. Price on the sell side is stuck between 0.021 through to 0.024 with 6.5m shares outstanding for sale, or a MV of $145k AUD.
To break through into 2.2c per my personal opinion only $50k of securities (or 2.4m shares outstanding) need to be traded before Friday.
KSN's always been a quiet stock that's been rarely traded. I've been here since mid last year. I remember January and February well. It was driven up by speculators and the market hype of lithium which resulted in new investors being burnt on a bad tenement. There was no need for that and it has damaged this stock. It's 4 weeks out from results processing. This will be a slow climb up to spec'd market values. I was making reference and merely speculating that with 126,500 traded Monday and 1.1m traded Tuesday; is to too hard to believe that 2.4m can be traded over today and the next two days to hit 2.2c?
If not, who cares I still have faith. Volumes like January won't return ever to this stock I don't think. Period. If you're sitting here hoping for that build like we saw in January you are a fool. I want to be wrong but that is the reality of the situation I believe. Except potentially after the results at Cai are released and it is what we are expected. IMO this will be a slow volume build over the next six weeks.
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Last
8.6¢ |
Change
0.002(2.38%) |
Mkt cap ! $60.81M |
Open | High | Low | Value | Volume |
8.8¢ | 8.8¢ | 8.5¢ | $32.12K | 369.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 249999 | 8.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 321863 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 249999 | 0.086 |
1 | 10000 | 0.085 |
4 | 174931 | 0.084 |
6 | 157186 | 0.083 |
5 | 584268 | 0.082 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 321863 | 2 |
0.089 | 49999 | 1 |
0.090 | 118000 | 3 |
0.091 | 250000 | 2 |
0.092 | 200000 | 2 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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KSN (ASX) Chart |