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1.0¢ krakatoa resources limited

Yes, Teenbagger, I received some in the placement on Wednesday-...

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petersmithlorraine

452 Posts.

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13/04/18

10:14

Post #: 32430358
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Originally posted by tenbagger67 ↑

One of the brokers who I use contact me earlier about a Placement offer at 3.5 cents. I didn’t receive any stock because they were severely scaled-back and the offer was opened and closed the same day. Now that same broker has access to more of the Placement stock due to some problem with another broker (not KTA).

I think what is happening in the short term with the price of KTA is that someone who has received a large allocation of this 3.5 cents Placement is selling to take a quick profit.

It is either an exisiting share holder selling as he/she is buying back at 3.5 cent or the allocations have been issued.

Once he has sold the price will start heading north.

I could be wrong, but this is my theory on some of the recent price action reading between the lines. Either way hopefully I should now be getting some stock this time at 3.5 cents today.

I am buying because of this other upcoming Cobalt deal Krakatoa has in the works.

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Yes, Teenbagger, I received some in the placement on Wednesday- that is why there is some selling @20% profit. I understand the big Qld seller is out now. The prospects they are looking at are in Africa I think and, if they look good the SP should go higher!

KTA Price at posting: 4.1¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $4.721M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$2.503K	250.3K

Buyers (Bids)

No.	Vol.	Price($)
1	155833	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	258898	1

View Market Depth

No.	Vol.	Price($)
1	155833	0.009
12	2478341	0.008
9	3105857	0.007
1	250000	0.006
3	3100000	0.005

Price($)	Vol.	No.
0.010	258898	1
0.011	813899	5
0.012	1311000	1
0.013	200000	1
0.014	560456	2

Last trade - 13.56pm 19/08/2024 (20 minute delay)

KTA (ASX) Chart