KCN 0.40% $1.27 kingsgate consolidated limited.

Ann: Significant Gold Exploration Results near Chatree, page-22

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  1. 134 Posts.
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    The dark side is increasingly starting to pull me in. That is the view that those nasty scammers manipulate the share price and are in full control of its destiny.

    I do not believe I am having an illusory experience. The share price is simply unable so far to stay above the 150c offer price despite a brightly shining backdrop.

    In line with expectations the news flow continues to be positive. Meanwhile, a clock, for the retail share offer, ticks away.

    Not even the dramatic move by the gold price, surging through the psychologically important $2000 level, and so far staying above that mark, seemingly makes a noticeable difference. I can not help wondering how low those scammers would have dragged the share price down, while gold production ramps up, without support from the glowing gold price.

    If only I could think like the scammers, then I would likely more clearly understand what is going on. What a bonus that would be in an increasingly complicated game.

    No matter how hard I try, I cannot work out their strategy. If the retail offer flops, then there would be less shares available for them to rob from the innocent. Perhaps, by putting a lid on the share price, they are successfully scaring the institutional investors, flush with their new shares, into selling them even more shares than they would have been able to wrest from retail investors, post the close of a successful retail share share offer.

    I hope there is a poster out there who could help me understand what their present game plan is. Thanks.

 
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Last
$1.27
Change
0.005(0.40%)
Mkt cap ! $327.9M
Open High Low Value Volume
$1.25 $1.28 $1.24 $1.222M 972.5K

Buyers (Bids)

No. Vol. Price($)
4 6459 $1.26
 

Sellers (Offers)

Price($) Vol. No.
$1.27 6671 5
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Last trade - 10.53am 12/11/2024 (20 minute delay) ?
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