KGL 0.00% 11.5¢ kgl resources limited

The old adage that cash is king is very true. Unless you are a...

  1. 98 Posts.
    The old adage that cash is king is very true. Unless you are a top ten asx stock paying juicy dividends, raising capital and having a strong SP is very hard for an emerging producer. I think most holders are beyond disappointment and close to devastation, I am one as this was supposed to be Andash. The savior. I cannot sell as I am so underwater that silt and sharkshit are above my head. Rather have $15M in the bank than a further super dilutive CR......management need to get Murchison cash flow positive and conserve cash. EGM or Agm will not be pretty and a vote for a pay cut would be supported so that they share our pain. mGL did that for a number of years as penance. Coming out of suspension will not be pretty
 
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Mkt cap ! $65.23M
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12.0¢ 12.0¢ 11.5¢ $1.303K 11.11K

Buyers (Bids)

No. Vol. Price($)
2 36770 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 22219 3
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Last trade - 12.16pm 08/05/2024 (20 minute delay) ?
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