I posted in Feb this year, when KCN was about $1.20 that D&D Tolhurst were saying that this stock would be between $2.75 to $3.00 by the end of the year.
At the time a few other posters laughed at the prediction...but who is laughing now! They have now revised their forecasts and $5.50 to $6 within the next 6 months they now believe is achievable.
This company is now one of the lowest cost gold producers in the world and they will be paying no tax for the next 3 years. As one poster noted earlier this week KCN management have to ensure that they do not become a take over target as they are certianly avery attarctive proposition now.
Also expect a decent maiden dividend in October this year, with some analysts believing that a 30 cents dividend over 12 months would be a very conservative figure.
And of course do your own research....
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Last
$1.69 |
Change
0.050(3.05%) |
Mkt cap ! $435.6M |
Open | High | Low | Value | Volume |
$1.66 | $1.70 | $1.64 | $687.2K | 409.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 73105 | $1.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.69 | 4023 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 73105 | 1.685 |
1 | 12048 | 1.675 |
1 | 1993 | 1.665 |
1 | 1993 | 1.660 |
1 | 1993 | 1.655 |
Price($) | Vol. | No. |
---|---|---|
1.690 | 4023 | 1 |
1.695 | 1993 | 1 |
1.700 | 1993 | 1 |
1.705 | 1993 | 1 |
1.710 | 3543 | 2 |
Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
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KCN (ASX) Chart |
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INFINITY LITHIUM CORPORATION LIMITED
Ryan Parkin, Managing Director & CEO
Ryan Parkin
Managing Director & CEO
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