Interesting trading over the last week.
A couple of hundred thousand shares changing hands. Required a bit of movement in the share price to get there. Now we've settled back in the low 30s.
I think the market is definitely missing something here. KME should achieve good growth this FY from reduced costs along with increased revenue.
I remember in the lead up to the FY15 results the market was probably expecting around 3cps earnings. The price was bid up to the mid 50s. Now we look pretty likely to beat 3cps and we are in the low 30s. I'm not expecting 50s just yet, but a rerate can't be too far away in my opinion.
Interesting trading over the last week. A couple of hundred...
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Last
44.0¢ |
Change
0.010(2.33%) |
Mkt cap ! $25.01M | |||
| Open | High | Low | Value | Volume |
| 42.8¢ | 44.0¢ | 42.8¢ | $1.836K | 4.243K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 407 | 1 |
View Market Depth
| Last trade - 11.14am 08/11/2024 (20 minute delay) ? |
| KME (ASX) Chart |