It was down yesterday with the market, even though the gold price did not move with the market. Today gold was down a bit and KCN followed.
I sold a bit 2 days ago to pay some tax, but this little fall gave me the opportunity to buy back and get some extra shares for the same money, so I'll come up with the tax money some other way.
Gold relatively stable, KCN down, oil down. It's a better buy today than 2 days ago IMO. 2 days ago it was a good buy, and today a great buy.
KCN has bounced from around the $5.80-6.00 mark several times lately, and I think it will again this time. Below $5.80 is just too cheap considering the profits we seem to be making and broker consensus earnings targets.
The only worry is Gavin having sold some 2 months ago. In the case of KZL this occurred right before their downfall, but in KCN's case all data points to strong profits.
It was down yesterday with the market, even though the gold...
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Last
$1.38 |
Change
-0.080(5.48%) |
Mkt cap ! $355.6M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.46 | $1.38 | $790.9K | 564.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24999 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 2446 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |