What an eventful day to say the least! I’ve been reading comments here trying to get a sense of the sentiment on yesterday’s news - ultimately, confusion.
I keep asking myself, what has fundamentally changed with the business and can that change affect my reason to be invested here?
From what I know, nothing has changed. Hole 5 results late but so what, wasn’t a duster wasn’t spectacular so in itself not the cause of a 30% sell off.
So, if the tenement/drilling results are still holding up then what’s caused the sell off?
Enter a key NED resignation barely weeks after being appointed…
This does have me concerned. The only positive thesis I can conclude here is that Tony is being replaced with Tim Kennedy but then why not advise this?
The real possibility is that Datt hasn’t been successful in lobbying for the changes he wanted.
The 249D resolutions by Datt were to remove Roger’s and Glover and replace them with Gu and Kennedy - the latter i believe a well respected geo.
Fast fwd a few weeks where the company announced it had reached an agreement with Datt - Rogers gone replaced w Gu.
Datt got 1/3 - Glover remains and no share consolidation.
oh and what about the options? Have these been reversed?
So assuming Datt is unhappy at a board/corporate level would that cause him to sell? I don’t know and I don’t think so as the fundamentals havent changed and Datt knows this.
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koonenberry gold limited
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What an eventful day to say the least! I’ve been reading...
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Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.08M |
Open | High | Low | Value | Volume |
4.6¢ | 4.6¢ | 4.2¢ | $729.5K | 16.71M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 121951 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 504214 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 121951 | 0.043 |
8 | 1623801 | 0.042 |
7 | 3081225 | 0.041 |
16 | 2163833 | 0.040 |
1 | 5000000 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 504214 | 2 |
0.045 | 1800000 | 3 |
0.046 | 1050000 | 2 |
0.047 | 388178 | 3 |
0.048 | 225000 | 1 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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