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
$4.56 |
Change
0.020(0.44%) |
Mkt cap ! $460.3M |
Open | High | Low | Value | Volume |
$4.57 | $4.62 | $4.47 | $1.781M | 392.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | $4.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.57 | 1096 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2931 | 4.540 |
2 | 2431 | 4.530 |
1 | 1931 | 4.520 |
1 | 1931 | 4.510 |
3 | 8358 | 4.470 |
Price($) | Vol. | No. |
---|---|---|
4.570 | 1096 | 1 |
4.590 | 6500 | 1 |
4.600 | 8741 | 3 |
4.610 | 10689 | 6 |
4.620 | 102296 | 6 |
Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
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KGN (ASX) Chart |