DOM has been one of the worst performing stocks in the ASX 300 in the last year. There is upside potential for KCN in this deal provided Challenger can get over 100,000 oz as planned without any of the dramas of the past year. If DOM get's to it's target of 120,000 oz p.a it would generate $100 million in the next 2 years. That's alot of cheddar for exploration, acquisition and the development of KCN's holdings in Thailand.
Only time will tell if this was a good pickup. It's way too hard to know right now.
Disclosure: Position in KCN by way of holding DOM.
DOM has been one of the worst performing stocks in the ASX 300...
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Last
$1.68 |
Change
0.005(0.30%) |
Mkt cap ! $433.0M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.69 | $1.65 | $694.0K | 416.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10546 | $1.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 6584 | 3 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |