I suspect they knew they needed to raise, but waited for dpim approval then first gold pour in hope the share price would go up (which it did). If none of that had happened then CR would have been at $1.20 or perhaps even $1.
Ann: Kingsgate completes $46M institutional placement, page-167
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Last
$1.26 |
Change
-0.015(1.18%) |
Mkt cap ! $326.0M | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.30 | $1.25 | $581.5K | 457.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 6328 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 7069 | 9 |
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| KCN (ASX) Chart |