Great post - thanks. 8.8c - wft! Watching the charts now and...

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pgrace

5,145 Posts.

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25/06/18

08:57

Post #: 33918729
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Originally posted by AussieBryan ↑

In regards to current options
KRC Announcement 16-03-2018
Can the Options exercised at anytime - options can be exercised any time up until and including 30 June 2018 So holders still have another 5 business days to exercise them, anything could happen

I have to say I am quite surprised at the current SP. No TA or FA could have been able to say KRC SP would be where it currently is. We could say the SP is being manipulated but to be realistic the company have given all it can to raise the SP, but they cannot control the emotions of the punters and the mums & dads from being excited then depressed. Stop losses being triggered, end of the financial year closing in, and few funds wanting to buy in this close to June 30.

Having seen the SP open yesterday @11¢ and then to watch it fall to close @9¢ a total of 2¢ coming out of a trading halt on two conservative announcements. Then look back in history and we had some very good gain days from 1.5¢ to 3.5¢ and only mediocre announcements in that time. (Gold application, Option exercise information, Half yearly accounts, Response to ASX price and VOL query) What I am saying is, there is nothing to speculate that the SP wont be able to reach 12.5¢ or above by June 30.

The company would be doing it's utmost behind the scenes and once again you have to ask yourself are you a day trader, swing trader or long term trader and trade to that plan, which I hope you have.
Once this financial year is done and dusted things will improve, the bonus options will be updated with the date, most probably the third week in July due to administration work and the expiry date for bonus options extended to the last day in July 2020.

KRC is still trading within the box of 7¢ to 10.5¢, it will need to BO of box and stay above and not drop back as in a false BO if we want to see the SP take off.
Once an update on the purity of the vanadium is released and I would expect more drill results, then a solid CS. The current SP will make a lot of people with then hindsight wishing or thinking "why didn't I buy more parcels."

All constructive criticism welcomed, as these are my thoughts and interpretation that I post, and they do not replace professional advice and no one can truly predict, in any way, future trade quotes and performance. Good luck to all that hold.

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Great post - thanks.

8.8c - wft!

Watching the charts now and when settled - I will buy more.

A lot more KRC.

Gracie

KRC Price at posting: 8.9¢ Sentiment: Buy Disclosure: Held
1 Upvote

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(20min delay)
Last 0.9¢		Change 0.000(0.00%)		Mkt cap ! $13.98M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	250000	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
0.9¢	189032	1

View Market Depth

No.	Vol.	Price($)
1	250000	0.010
3	1344482	0.009
15	14407500	0.008
7	6309085	0.007
10	5680808	0.006

Price($)	Vol.	No.
0.009	189032	1
0.010	3849639	8
0.011	4873656	6
0.012	2057242	7
0.013	162000	1

Last trade - 09.42am 06/05/2024 (20 minute delay)

KRR (ASX) Chart

Day chart unavailable

Great post - thanks. 8.8c - wft! Watching the charts now and...

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