The impairment charge looks bad, and does show bad decisions and lower gold pricing (let's say 30% of shareholder capital down the drain), but it's a non cash charge and says nothing about whether the restructured mine plan will make money.
Worrying about the charge is like worrying why we have lost so much money already.
Considering the new mine plan is to worry where the share price goes from here.
The new mine plan should reduce Challenger's costs as in turn, group costs. That's something to look forward to.
- Forums
- ASX - By Stock
- KCN
- ann: june q activities report
KCN
kingsgate consolidated limited.
Add to My Watchlist
2.97%
!
$2.43

ann: june q activities report, page-4
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$2.43 |
Change
0.070(2.97%) |
Mkt cap ! $608.2M |
Open | High | Low | Value | Volume |
$2.38 | $2.43 | $2.36 | $142.5K | 59.36K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 13330 | $2.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.44 | 1286 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 322 | 2.470 |
2 | 23 | 2.460 |
1 | 828 | 2.400 |
1 | 250 | 2.340 |
1 | 2207 | 2.320 |
Price($) | Vol. | No. |
---|---|---|
2.210 | 360 | 1 |
2.250 | 497 | 2 |
2.350 | 289 | 1 |
2.400 | 500 | 1 |
2.410 | 4000 | 1 |
Last trade - 10.04am 08/07/2025 (20 minute delay) ? |
Featured News
KCN (ASX) Chart |
The Watchlist
AGC
AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
MD
SPONSORED BY The Market Online