Just when I thought my day couldn't get much worse... this news...
I do think the SP halving from this is a bit overkill, however it does seem to play right into their (read: someone's) hands. If the SP shrinks, the shares get diluted even more when the CR happens, shareholders start bailing and then some big player gets to buy the lot for peanuts.
f*. Should have sold this dog weeks ago... now I'm stuck debating whether to bottom drawer it or cut my losses. The annoying thing is that they are sitting on a really nice resource which a competent company would turn into a very nice profit, I'm sure. Whether this company can do the same, I really have no idea...
Ann: Leonora Gold Project Update, page-63
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Last
5.6¢ |
Change
-0.002(3.45%) |
Mkt cap ! $65.97M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.6¢ | $15.73K | 279.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8625 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 91000 | 2 |
View Market Depth
| Last trade - 15.41pm 14/06/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
-0.002 ( 1.75 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 5.8¢ | 5.6¢ | 111828 | ||
| Last updated 15.29pm 14/06/2024 ? | |||||
| KIN (ASX) Chart |