If gold 'gets its mojo back on' as in make new highs? That would send KCN far higher than $2.
But you're right that it's at risk, with a high leverage to the gold price. Another 10% fall in the gold price would be painful...as in, a 50% fall in KCN.
intrinsic value, page-6
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Last
$1.26 |
Change
-0.015(1.18%) |
Mkt cap ! $324.7M | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.29 | $1.24 | $730.6K | 579.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2051 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 9999 | 1 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| KCN (ASX) Chart |