chuk:
do you think the CEO can be given that data? It sounds like some hedge funds have got his ear and not letting go.
I'm wary of buying into KCN because of this uncertainty over hedging. It seems totally absurd to consider hedging when gold price seems to have bottomed.
Another gold miner that I'm considering, and have previously held got hedging at the top of the market, but has other issues...
will the CEO give a definitive view at some point? It just seems ridiculous to signal in The Business (abciview) interview he was under pressure to consider hedging from shareholders, and then in the other interview (phone) say that shareholders didn't want him to hedge but he might do so, despite their views.
something is amiss with shareholder liaison or this guy wants a bet each-way.
unless he's been misquoted on the phone interview, I can't work this out.
kcn considering hedging..., page-6
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Last
$1.55 |
Change
0.015(0.98%) |
Mkt cap ! $398.2M | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.58 | $1.51 | $1.011M | 656.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4706 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 24706 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |