KIM kimberley diamond company nl.

Heres my thumbnail analysis of whats happening with KIM. On 10/9...

  1. 1,563 Posts.
    Heres my thumbnail analysis of whats happening with KIM. On 10/9 Kim dropped to a new low of $1 and obv over the previous 2 months was -9m. By 5 days later, the price had rallied again to a high of $1.18 and obv rose to +13m- thats a huge turnover of 22m shares in avery short time. What this tells me is that all the buyers who wanted it, have bought it, hence there are not many buyers left for KIM, mostly only sellers. Hence the reason we see the steady downtrend, and which I beleive will contiune- at least for now...
 
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Currently unlisted public company.

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