Last week's plunge was massive, but was smaller (in percentage terms) than the plunge of October/November 2018 (the infamous GST trading update).
Back then, the weekly candlesticks fell 46%, from $5.00 to $2.71.
In comparison, last fortnight's candlesticks fell 30%, from $7.94 to $5.60.
That's not to downplay the fallout of last week's price action - it was horrendous, especially considering the record gross profit announcement. It reinforces KGN's reputation of getting caned when it fails to meet expectations.
Back in October/November '18, it took 24 weeks to recover back to $5.00. Will it take that long the second time around?
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Last
$4.08 |
Change
-0.070(1.69%) |
Mkt cap ! $407.4M |
Open | High | Low | Value | Volume |
$4.11 | $4.12 | $3.98 | $4.129M | 1.020M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2769 | $4.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.91 | 281 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 796 | 4.080 |
9 | 7675 | 4.070 |
7 | 15308 | 4.060 |
8 | 30060 | 4.050 |
7 | 10203 | 4.040 |
Price($) | Vol. | No. |
---|---|---|
4.090 | 5500 | 17 |
4.100 | 6022 | 13 |
4.110 | 37484 | 15 |
4.120 | 24920 | 8 |
4.130 | 24600 | 9 |
Last trade - 15.59pm 10/07/2024 (20 minute delay) ? |
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