so am I powerman
its been tough going and over the last couple of years, I have been up and down like a yoyo with how much exposure I had to KCN
But I got more confident once the political situation resolved and have a nice stash of KCN to make life exciting
Alf Field does some great work on the gold cycles and has picked it well the last few years. His next leg up after this corrective leg down spikes us to $1500 and then back down to $1250. Final top is over $2000 in a few years
The big unknown is the 40% sell down in 18 months. My understanding is they offer shares to the Thais at the value it will be in 18 months. Well if its worth $1billion in 18 months ( more like $2billion) on that basis they sell shares for $400million cash
Not sure what happens to the cash then!
so am I powermanits been tough going and over the last couple of...
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Last
$1.56 |
Change
0.005(0.32%) |
Mkt cap ! $402.0M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.57 | $1.54 | $536.0K | 345.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6063 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.57 | 22060 | 2 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |