I posted in Feb this year, when KCN was about $1.20 that D&D Tolhurst were saying that this stock would be between $2.75 to $3.00 by the end of the year.
At the time a few other posters laughed at the prediction...but who is laughing now! They have now revised their forecasts and $5.50 to $6 within the next 6 months they now believe is achievable.
This company is now one of the lowest cost gold producers in the world and they will be paying no tax for the next 3 years. As one poster noted earlier this week KCN management have to ensure that they do not become a take over target as they are certianly avery attarctive proposition now.
Also expect a decent maiden dividend in October this year, with some analysts believing that a 30 cents dividend over 12 months would be a very conservative figure.
And of course do your own research....
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Last
$1.81 |
Change
0.015(0.84%) |
Mkt cap ! $466.5M |
Open | High | Low | Value | Volume |
$1.80 | $1.83 | $1.79 | $769.7K | 424.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4751 | $1.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.81 | 20305 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4751 | 1.805 |
2 | 1117 | 1.800 |
1 | 1 | 1.795 |
2 | 21587 | 1.790 |
1 | 1904 | 1.785 |
Price($) | Vol. | No. |
---|---|---|
1.810 | 20305 | 1 |
1.820 | 1904 | 1 |
1.825 | 30322 | 2 |
1.830 | 15248 | 2 |
1.840 | 500 | 1 |
Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$1.81 |
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Change
0.015 ( 0.93 %) |
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Open | High | Low | Volume | ||
$1.81 | $1.83 | $1.80 | 20668 | ||
Last updated 15.59pm 29/05/2024 ? |
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KCN (ASX) Chart |