Zorro,
I actually only just realised that the big drop last week coincided with the violent escalation of the demonstration situation in Bangkok with the grenade attack that killed a demonstrator. As GoldBars pointed out, you have a pretty big sovereign risk associated with Thailand and I am sure that had soemthing to do with the pricking of the positive sentiment bubble that was generated by the gold find.
Unfortunately, it is a fact of life that KCN will be priced at a discount to its peers until some vaguely ordered resolution (if any) can be found for the political stalemate, because what everyone fears the most is a violent resolution.
I did chuckle over the weekend though as SiameseParrot was right in the end about the gold price spiking upwards by $50. However I was also right about the opportunity to buy in much lower, which I have... goes to show that we need to expect the unexpected...
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Last
$1.36 |
Change
0.005(0.37%) |
Mkt cap ! $347.9M |
Open | High | Low | Value | Volume |
$1.40 | $1.41 | $1.35 | $340.4K | 248.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 5836 | $1.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.36 | 36306 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 6755 | 1.350 |
9 | 20811 | 1.345 |
2 | 4403 | 1.340 |
2 | 18433 | 1.335 |
1 | 2850 | 1.330 |
Price($) | Vol. | No. |
---|---|---|
1.360 | 36306 | 4 |
1.365 | 5208 | 3 |
1.370 | 6333 | 7 |
1.375 | 3596 | 2 |
1.380 | 1558 | 2 |
Last trade - 15.07pm 12/08/2024 (20 minute delay) ? |
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