It will be very interesting to see what happen next.
I like the idea of: No deal to process KIN ore = Not selling DCN shares into the takeover.
That could be a great outcome.
But KIN also may need that cash to keep drilling/defining their deposit, so they better use that leverage well.
DCN is certainly trying their best to consolidate the region and there is no better pick than KIN to feed their mills.
Ann: Response to ASX Price Query, page-8
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Last
5.8¢ |
Change
-0.002(3.33%) |
Mkt cap ! $68.33M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.0¢ | 5.7¢ | $22.19K | 377.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200720 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 22858 | 1 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
5.8¢ |
Change
-0.002 ( 3.33 %) |
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| Open | High | Low | Volume | ||
| 6.0¢ | 6.0¢ | 5.7¢ | 121146 | ||
| Last updated 15.38pm 05/06/2024 ? | |||||
| KIN (ASX) Chart |