KRR 7.69% 1.4¢ king river resources limited

Question

  1. 511 Posts.
    lightbulb Created with Sketch. 1
    A friend of mine has recommended KRR to me. I see that it is a Vanadium stock, and that vanadium pentoxide is on the rise. Some years ago, I was a shareholder in PMA, which also had a very good vanadium project. Unfortunately, Xstrata smashed the project by dumping huge amounts of V05 on the market, effectively "shampooing" the commodity price. Can anyone offer any suggestions as to why KRR will not suffer a similar fate? This is a genuine inquiry from an investor on the lookout for new investments.
 
watchlist Created with Sketch. Add KRR (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.001(7.69%)
Mkt cap ! $21.74M
Open High Low Value Volume
1.2¢ 1.4¢ 1.2¢ $45.76K 3.595M

Buyers (Bids)

No. Vol. Price($)
4 429816 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 240972 4
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
KRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.