We can spin it anyway we want but I'm still wiping the egg off my face.
I backed up the truck on the placement. Got over 70% of my allocation. My portfolio weighting in KCN is now excessive to say the least!
I should have been more sceptical of the recent run-up to $2.
KCN gave a concern in their equity raising presentation in Operational Outlook. We still have NO mining license, only a processing license. Approval for mining not "expected" until Sept 2023.
Now I'm way overexposed but in for the long haul.
Anyone got mates with the Thai regulatory authorities?
We can spin it anyway we want but I'm still wiping the egg off...
Add KCN (ASX) to my watchlist
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Last
$1.69 |
Change
0.075(4.64%) |
Mkt cap ! $435.6M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.70 | $1.60 | $1.523M | 914.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 749 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 24131 | 5 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
$1.69 |
Change
0.075 ( 4.26 %) |
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| Open | High | Low | Volume | ||
| $1.60 | $1.70 | $1.60 | 57228 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
| KCN (ASX) Chart |