kcn in overseas markets, page-7

for all that it is worth, watso has been keeping a bit of an eye on the overseas markets (ie german) for kcn. watso has concluded that the turnover figures are sometimes a bit sus. eg in a post in this thread, watso mentioned that about 350,000 shares had been traded in one of the exchanges. watso has determined that this figure is wrong, as it does not tally with the lines and the turnover that they represent. anyway, as watso writes, the turnover on the german exhanges totals about 40,000 (but still several hours of trading to go). in general terms, turnover is about 100,000 shares per day , in total, on the german exchanges. the price tends to be a few cents short of the australian price - but the exchange rate, that is use, is the "bid price of the euro, against the australian dollar

apart from the above rubbish. kdn had a good day on the asx, with about 600,000 shares traded. with a closing price of $5.43.

all shareholders of course are waiting anxiously for the grant of the relevant leases. watso has no doubt that the ground that kcn have in thailand , would make it one of the premier gold stocks in the world