Australia's largest stock trading and investment forum Australia's #1 stock forum

KRM

Click for more information

7.14%

4.5¢ kingsrose mining limited

Thanks Underdone, That does make some sense. Just trying to come...

First 14 Last

Share
Profile

Follow
jmb87

159 Posts.

8

27/06/16

20:05

Post #: 18135294
Share

Originally posted by underdone ↑

jmb87

The way I read the Notice was that Mr Phillips had retired as a director and was required to give details of his holding at the time of his retirement. There is no suggestion that he sold any shares. Nor can we infer anything about the water problem.

If anything it suggests that he has now reached a stage where, having funded the company for years and having stepped in to sort out the problems, it is now an appropriate time for him to reduce his active involvement.

The two biggest shareholders are Rex Harbour and Bill Phillips. Both of them have been there for years. They go way back and neither is showing signs of selling out of their Kingsrose holdings.

Basically, we are all waiting on the next shareholder update, which is due in late July. Until then it might be best for everyone to practise patience.

Expand

Thanks Underdone, That does make some sense. Just trying to come to grips about why this announcement at the same time as the Brexit vote, coincidence probably but worth asking.

KRM Price at posting: 15.5¢ Sentiment: Hold Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 19 more messages in this thread...

First 14 Last

Add KRM (ASX) to my watchlist

(20min delay)
Last 4.5¢		Change 0.003(7.14%)		Mkt cap ! $31.60M

Open	High	Low	Value	Volume
4.2¢	4.5¢	4.1¢	$66.68K	1.540M

Buyers (Bids)

No.	Vol.	Price($)
2	323926	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	1165748	7

View Market Depth

No.	Vol.	Price($)
2	323926	0.043
2	400000	0.042
5	1100255	0.041
5	449501	0.040
2	1230000	0.039

Price($)	Vol.	No.
0.045	1165748	7
0.046	150000	1
0.047	9112	1
0.048	150000	2
0.049	524000	3

Last trade - 12.59pm 16/05/2024 (20 minute delay)


Last 4.4¢			Change 0.003 ( 7.32 %)
Open	High		Low	Volume
4.3¢	4.4¢		4.2¢	97887
Last updated 12.45pm 16/05/2024 ?

KRM (ASX) Chart