If we attempted to raise $5m and only raised $1m, I would consider that a failure. Whether or not I would consider KNL a sell would depend on the fundamentals at the time.
I think the SP will go above 20c. I also believe that is more likely we’ll see 20c than 10c. I guess we’ll have to wait and see in which direction the SP goes.
If there is another black swan event in Tanzania I think that’s a reasonable assumption that will effectively spell the end for KNL. The same could be said for any company in any country or industry sector.
in spite of Andrew Spinks..., page-41
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $45.40M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 10.5¢ | 9.8¢ | $6.582K | 65.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 105592 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 15956 | 1 |
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| Last trade - 15.28pm 22/08/2024 (20 minute delay) ? |
| EGR (ASX) Chart |