Hi Folks
As we approach the point of a raft of (hopefully) positive announcements, watch for the high volume spikes on no-news days. For me this is an indicator that the 'little birds' in Tanzania are chirping to wives / husbands / friends / brokers about some milestone reached before it becomes officially known and disclosed to the market. It is hardly a new idea, but I have found that in the microcap space - and particularly in isolated mining sites - there is often a useful lead-time for the savvy investor watching for volume spikes. Do not be surprised if we witness something similar here; although having said that, I have been pleasantly surprised by the seal on KNL leaks with Spinks at the helm. But even he cannot stop a quiet phone call or an email...
Good luck to all.
KNL - Volume
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Last
12.0¢ |
Change
0.015(14.3%) |
Mkt cap ! $54.48M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.0¢ | 10.5¢ | $85.61K | 760.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 24094 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| EGR (ASX) Chart |