KCN 5.48% $1.38 kingsgate consolidated limited.

To reiterate how loopy Mr Market is, yesterday we had 220m...

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    To reiterate how loopy Mr Market is, yesterday we had 220m shares valued by the market at $2.00 so worth $440M total.

    today we have 251m shares at $1.50 so worth $376M.

    but we have $46M more cash than yesterday.

    market logic, the more cash a company has the less it is worth
 
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