Both Ton and KNL are down ~15% from opening. There are many similarities between the two and I can not see why both have received such a severe degree of negative sentiment. RRS, you may be right; and in one way I hope you are and there is not something bad unfolding which the general market is unaware off.
Timbo, I bought because I want to make money, and managing risks is essential. As a ST when there is a large drop like this across not 1 but 2 graphite companies, it raises questions. For example is someone driving down the price for a TO, is there trouble which has not being published, is a major selling. On the day of a pos ANN, I don't agree with the consolidation argument, given the SP has been in a decline since last Wed.
I am stumped.
Ann: Latest Assay Results Surpass Expectation, page-150
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.21M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $10.7K | 96.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 78525 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 24871 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| EGR (ASX) Chart |