Last July, the price was $0.60 albeit briefly. There was hype across the graphite sector but it wasn't unreasonable for long term holders then.
In a changed market, it seems that $0.60 is a reasonable goal. However, if KNL has the attention of institutions and has attracted a cornerstone investor following a series of good announcements, a $1+ is reasonable.
As others have observed, we are in a period of consolidation where the survivors will receive their correct valuations.
I'm not saying I won't be happy with $0.60 by June but if there is an alignment of events we could see $0.60 much sooner than mid year.
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Last July, the price was $0.60 albeit briefly. There was hype...
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6 | 171107 | 0.083 |
1 | 9036 | 0.082 |
2 | 47358 | 0.081 |
1 | 22313 | 0.080 |
Price($) | Vol. | No. |
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