KCN 0.00% $1.36 kingsgate consolidated limited.

Last two trading days we had up days on low volumes. Usually low...

  1. 277 Posts.
    lightbulb Created with Sketch. 566
    Last two trading days we had up days on low volumes. Usually low volumes, being a tightly held stock, enables easy manipulation and suppression of the price.... yet this hasn't happened. Very surprised by this... have the white collar criminals had their fill?
    As Oldfolk says, we all know the asset value...it's just convincing the "Chicken Littles" of this world that the sky isn't falling, big players are just trying to trick you into thinking it is...they wouldn't be there otherwise!
    Some clown tried to say that no one would pay 10 cents in the dollar for TAFTA.... that's why the Australian Govt signed up for it. It clearly can't be relied upon (never mind the counterclaim against the Australian Govt were this to be the case!)
    Production is circa 6-9 months off...
    JORC upgrades....
    Royalty announcements..(likely following an IPO so it can be marketed as benefiting the Thai People, which it then would)
    and so on...
    It is only Blue Sky. LoveGod isn't preaching the word for no reason... and the Instos know it. The bot trades are proof of their market participation, and they wouldn't be active if they thought Kingsgate was fairly priced....

 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
(20min delay)
Last
$1.36
Change
0.000(0.00%)
Mkt cap ! $349.2M
Open High Low Value Volume
$1.34 $1.37 $1.30 $905.2K 670.7K

Buyers (Bids)

No. Vol. Price($)
4 11092 $1.34
 

Sellers (Offers)

Price($) Vol. No.
$1.36 2192 1
View Market Depth
Last trade - 16.10pm 06/08/2024 (20 minute delay) ?
KCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.