KRR

0.00%

0.9¢ king river resources limited

it is important to acknowledge that 90% of the currently ASX...

First 127 Last

Share
Profile

Follow
eugened

1,306 Posts.

221

04/09/18

15:04

Post #: 35405954
Share

Originally posted by possum2 ↑

session,

""For instance someone sells into the bid at 9c to wipe it out, and 3 seconds later a 1 share transaction goes through to take the SP to 8.9. Rinse and repeat over the course of the day, where there is minimal buying interest from the market and you end up with a chart as posted above""

One cannot argue with this statement.

However, it's shareholders who will ultimately decide if the share price goes up or down. If they decide to sell their stock at these prices during a time when there is not much support then the share price will obviously come under pressure.
And if they choose to sell at these levels then they obviously bought into KRC for the wrong reasons.
The current share price does not reflect the underlying value that KRC is worth and I would imagine that will be made more clearer over the coming weeks when the market will digest news to give everyone a clearer picture of just how undervalued KRC is. It's amazing how quickly investors and shareholders forget past announcements and reports . The market is full of traders and opportunists who are mainly concerned with a quick score. Take it and run so to speak. Those that make the most money are those that get onto the right story and are prepared to hold .
Those that are selling now will be asking themselves perhaps they should have done a little bit more research before buying and then selling their stock at current levels.
Unfortunately ignorance is no excuse when choosing to invest in the sharemarket.
Sometimes the hardest thing to do for many investors is to buy and hold. Warren Buffet made an absolute fortune by doing just that.

Cheers.

Expand

it is important to acknowledge that 90% of the currently ASX listed nano-microcaps will most probably not be around in their current form (if at all) in a few years

I am not sure Warren Buffet ever invested in this end of the market?

KRC Price at posting: 7.4¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

BUX

Buxton projects new graphite province discovery at WA Narryer play

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 2 more messages in this thread...

First 127 Last

Add KRR (ASX) to my watchlist

(20min delay)
Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $13.75M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.9¢	$3.42K	379.9K

Buyers (Bids)

No.	Vol.	Price($)
13	29790802	0.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	2311130	7

View Market Depth

No.	Vol.	Price($)
13	29790802	0.008
5	6108515	0.007
7	5434807	0.006
14	8836895	0.005
4	4349990	0.004

Price($)	Vol.	No.
0.010	2311130	7
0.011	1900000	6
0.012	938734	8
0.013	696263	4
0.014	591063	5

Last trade - 13.39pm 04/10/2024 (20 minute delay)

KRR (ASX) Chart

it is important to acknowledge that 90% of the currently ASX...

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI reaches close of funding facility for salt-first part of Mardie project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

it is important to acknowledge that 90% of the currently ASX...

Top Stories

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Buxton projects new graphite province discovery at WA Narryer play

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI reaches close of funding facility for salt-first part of Mardie project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News