I don't think thats a bad analysis of some of the events surrounding this stock. The truth is a profit takers are here at the moment and frankly . . why not?
For the long term holders there is much more to come and I do not believe we will be disappointed. Reserve increases and throughout growth will outstrip ANY gold price decrease and a decent dividend flow will enhance value too. As for an excellent potential capital return in three years time and hey presto . . . upside for the long haulers.
Mind you making sense of the market at the moment is "taxing" at best.
how does this sound, page-2
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Last
$1.56 |
Change
-0.020(1.27%) |
Mkt cap ! $402.0M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.60 | $1.56 | $685.1K | 435.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9998 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.58 | 2724 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$1.57 |
Change
-0.020 ( 1.26 %) |
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| Open | High | Low | Volume | ||
| $1.57 | $1.60 | $1.56 | 17710 | ||
| Last updated 15.16pm 14/06/2024 ? | |||||
| KCN (ASX) Chart |