The market doesn't appear to think so today!
There seems to be a number of opinions that the SP should currently be in the range $14 to $16.
When the expanded plant is up and running in 12 months time the SP could be circa $25+.
There are calculations in past threads to justify this valuation.
Of course if an offer is made for KCN, who knows what the price will be.
Of course KCN could also be the aggressor and making an offer for another gold producer.
A successful partial IPO in Thailand will assist them in funding an acquisition.
There could possibly be a rights issue to help fund an acquisition.
There are exciting times ahead for all KCN holders and I for one will not be selling.
I just wish I had more funds to currently be buying!
The market doesn't appear to think so today!There seems to be a...
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Last
$1.54 |
Change
-0.070(4.36%) |
Mkt cap ! $413.6M | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.58 | $1.54 | $140.7K | 90.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7356 | $1.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 16523 | 8 |
View Market Depth
| Last trade - 10.24am 25/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |