KCN 2.81% $1.21 kingsgate consolidated limited.

I regard Emerald Resources (EMR) in Cambodia as a valid company...

  1. 2,565 Posts.
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    I regard Emerald Resources (EMR) in Cambodia as a valid company to compare to own own. Similar scale of enterprise, but with a market cap of 1.221 Billion compared to our market cap of 388 million. In fact someone pointed out the other day that one of the Directors of EMR is a substantial shareholder in KCN.

    It's interesting to look at EMR's 12 monthly chart compared to that for KCN:

    https://hotcopper.com.au/data/attachments/5877/5877484-42f07d10fa91aa93205dd4b18a40f6d3.jpg

    https://hotcopper.com.au/data/attachments/5877/5877487-e79809070ca1457a956b63f8798ac8fa.jpg


    For ERM it has been a year of constant growth (almost linear). For KCN the share price has gone the other way.

    KCN has a lot of catching up to do. The disparity in share price just doesn't make sense.

    Sadly I was once a shareholder of ERM, but sold them at about $1.90 to top up on KCN (which I have regarded as the superior stock - ultimately)
    Last edited by Wary1: 11/01/24
 
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$1.21
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