they are betting on gold prices I think. They also have money and can change their position quickly unless some bigger buy comes in at the news. To attract those buy RSK have to convince market that the cash isn’t issues for kcn anymore. Let say we received $50m cash for NE plus other stock …. And Thai government bank lend us another $30m 4-6% interest for 10years term then we have $80m cash and then shorter will be F…ked because you have a profitable mine, no issues with the cash flow and profit minus interest= is our nett profit which can be distributed to shareholders.
they are betting on gold prices I think. They also have money...
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Last
$1.35 |
Change
-0.020(1.46%) |
Mkt cap ! $347.9M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.38 | $1.34 | $276.3K | 204.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1340 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 3824 | 1 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |