KCN 1.09% $1.36 kingsgate consolidated limited.

rgdkI am a DOM shareholder and I am not overwhelmed either.After...

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    rgdk
    I am a DOM shareholder and I am not overwhelmed either.
    After drilling and realising the difference from resources to Measured at 90% as has been said in their Annual report I value DOM on the back of measured resources at 600 mln dlrs. So todays scrip bid should be rejected. We all know that there is a consolidation of Australian producing gold mines happening now. In the absence of a higher bid, the DOM value will accrue to KCN shareholders. So I am not unhappy since its a scrip bid, but would like to wait for a higher bid from Australian competitors. There is plenty of cash around.
 
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Last
$1.36
Change
-0.015(1.09%)
Mkt cap ! $349.2M
Open High Low Value Volume
$1.40 $1.43 $1.36 $1.674M 1.220M

Buyers (Bids)

No. Vol. Price($)
4 34526 $1.36
 

Sellers (Offers)

Price($) Vol. No.
$1.37 468 1
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Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
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