KAL 6.45% 2.9¢ kalgoorlie gold mining limited

placement was perfect

  1. 83 Posts.
    It seems the placement has come at no better time. The nasty bit is over and with JORC still to come very very shortly i feel this stock is going only one way. Money is already exchanged hands. That means that we wont see the same as what is happening to INP, placement at $1.17 to shareholders. I hold INP and why would i pay $1.17 when i can get them for much cheaper on the market. KAL managment have done well. Only raised the required amount 2.5mill is small compared to most CR's. Patersons are a strong broker with no intention of losing its reputation for a spec company. They know KAL has the goods. Cant complain about todays re-trace, as it only gave me a chance to buy more at less than what i feel there are currently worth. Thanks to most probably the day traders. Gotta get some sleep i can see gold every time i close my eyes.
 
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Last
2.9¢
Change
-0.002(6.45%)
Mkt cap ! $4.597M
Open High Low Value Volume
3.0¢ 3.1¢ 2.9¢ $20.99K 697.1K

Buyers (Bids)

No. Vol. Price($)
2 203571 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 66776 1
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Last trade - 15.00pm 21/06/2024 (20 minute delay) ?
KAL (ASX) Chart
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