KCN 0.98% $1.55 kingsgate consolidated limited.

short covering

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    KCN is the second most shorted stock with 14.79% of issued capital shorted. www.thebull.com.au/premium/a/26582-top-10-shorted-stocks.html

    To me it looks like the covering has begun with more buyers than sellers for the first time in a long while.

    I brought in today at 96 cents for a trade, i believe KCN's fair value is about $1.80.

    DYOR the next quarterly will be a good info update due by months end


 
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