KCN 1.61% $1.58 kingsgate consolidated limited.

kcn smashed down again ... 9% today, page-11

  1. 78 Posts.
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    because NTA is an irrelevant book accouting number based on the cost of acquisitions. Ignore it. The only clue to value is 1. NPV and 2. Need for financing - ie even if a high theoretical NPV, if it needs additional capital in this market the shares will be heavily discounted
 
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