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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Zorro,I actually only just realised that the big drop last week...
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Last
$1.37 |
Change
0.090(7.03%) |
Mkt cap ! $353.1M |
Open | High | Low | Value | Volume |
$1.35 | $1.37 | $1.34 | $455.5K | 336.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 183 | $1.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.37 | 2888 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4633 | 1.360 |
1 | 3000 | 1.355 |
1 | 4580 | 1.340 |
1 | 4500 | 1.330 |
1 | 730 | 1.325 |
Price($) | Vol. | No. |
---|---|---|
1.370 | 2888 | 1 |
1.390 | 6380 | 2 |
1.400 | 23997 | 5 |
1.420 | 9000 | 2 |
1.425 | 1000 | 1 |
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