It is good to see GOLD break $US 900 but I have heard that it becomes unsustainable much past $900 given a large chunk of the demand for gold is consumers (e.g for jewelry) and once that gets too expensive they opt out - this has a silver lining (maybe a appropriate metaphor for KCN) given that when gold drops bargain hunter consumers boost demand and provide a floor to the price.
This suits KCN just fine because it can make a healthy margin even at $US 500
It is good to see GOLD break $US 900 but I have heard that it...
Add KCN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.25 |
Change
-0.028(2.16%) |
Mkt cap ! $319.6M | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.30 | $1.24 | $893.4K | 706.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8335 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 2419 | 6 |
View Market Depth
| Last trade - 14.16pm 14/11/2024 (20 minute delay) ? |
| KCN (ASX) Chart |