They want to force the price down as they accumulate and try to build position (Oldfolk said 70/30 buy/sell ratio) as if they only bought the price would be $3. They crash the price to dupe retail investors into selling out of fear the price will go lower and to trigger stop losses. Price suppression will continue until they have achieved their desired weight… or ASIC starts behaving like a market regulator. Their mere presence and active market manipulation shows they are late to the party have completely the same understanding as us as to Kingsgate‘s value - they just don’t want to pay a fair market price for it. Just don’t sell, and see how far left hand selling to the right gets them.
General discussion, page-721
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Last
$1.29 |
Change
0.080(6.61%) |
Mkt cap ! $332.4M | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.32 | $1.23 | $1.790M | 1.402M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11867 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 35188 | 7 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| KCN (ASX) Chart |