KKO 0.00% 8.1¢ kinetiko energy ltd

Trading wise, there's been some interesting action this week....

  1. 483 Posts.
    lightbulb Created with Sketch. 75
    Trading wise, there's been some interesting action this week. 1.5m shares were placed on the sell at 14.5 cents on Thursday morning.

    At first it looked some someone playing silly buggers with the market depth, trying to squeeze price down.

    However it seems to have been a legit sell offer, and has been valiantly chomped across the course of the past two days. If 1.5m is all they had to sell, they probably have another 400k remaining off screen that will find it's way into the market shortly.
    Once that supply is taken care of, KKO looks primed to keep kicking. Support at 14c has been tested, and the trendline below has been respected to this point.

    https://hotcopper.com.au/data/attachments/2745/2745039-9a508b98c7a7b6ad5a8c642a61cf1cdd.jpg
    Last edited by ghoti: 18/12/20
 
watchlist Created with Sketch. Add KKO (ASX) to my watchlist
(20min delay)
Last
8.1¢
Change
0.000(0.00%)
Mkt cap ! $116.0M
Open High Low Value Volume
8.1¢ 8.2¢ 8.1¢ $42.12K 516.3K

Buyers (Bids)

No. Vol. Price($)
1 88805 7.8¢
 

Sellers (Offers)

Price($) Vol. No.
8.4¢ 2283 1
View Market Depth
Last trade - 15.58pm 17/09/2024 (20 minute delay) ?
KKO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.