KRR 10.0% 1.1¢ king river resources limited

I think the buy back is a good move. Imagine buying back for 1c...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 101 Posts.
    lightbulb Created with Sketch. 62
    I think the buy back is a good move. Imagine buying back for 1c a share which was originally raised at 3.3c at the previous capital raising.

    Now if KRR found good grounds at Mt Remarkable and/or Tenant Creek, SP will be up and then do a capital raise at the higher SP.

    It makes cents to me.
 
watchlist Created with Sketch. Add KRR (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.001(10.0%)
Mkt cap ! $16.81M
Open High Low Value Volume
1.0¢ 1.1¢ 1.0¢ $4.615K 460.9K

Buyers (Bids)

No. Vol. Price($)
3 1751415 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 679699 3
View Market Depth
Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
KRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.