I would say so. It had gone up too much, too quickly. KRC was at 9c a few weeks ago, now it's found support at 13-14c. Nothing wrong with that.
MC at $160m still looks a bit high but longer term prospects are great, imo, given nature of resources and progress to date.
KRC Price Capper in action again today, page-59
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 (20min delay)
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $13.75M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $117 | 12.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 2383571 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2012777 | 5 |
View Market Depth
| Last trade - 14.42pm 30/08/2024 (20 minute delay) ? |
| KRR (ASX) Chart |