KCN 1.48% $1.67 kingsgate consolidated limited.

kingsgate moving, page-2

  1. 1,395 Posts.
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    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
$1.67
Change
-0.025(1.48%)
Mkt cap ! $429.1M
Open High Low Value Volume
$1.70 $1.72 $1.66 $916.1K 543.7K

Buyers (Bids)

No. Vol. Price($)
3 7253 $1.66
 

Sellers (Offers)

Price($) Vol. No.
$1.67 38183 1
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Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
KCN (ASX) Chart
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