So the shorters will start coming in I guess ?
I dont believe any management that say they wont dilute shareholders for cash to keep themselves well paid.... I can see them needing another $30-$50m to shake off the debts and have cashflow for production.
Maybe even part loan with no more than 15% hedging while gold hovers around $2300 USD
So the shorters will start coming in I guess ? I dont believe...
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Last
$1.55 |
Change
0.015(0.98%) |
Mkt cap ! $398.2M | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.58 | $1.51 | $1.011M | 656.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4706 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 24706 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |