noticed that myself. given that gold has been strong, i thought kcn would have gone up a tad - but alas, i am wrong
the reality is, is that us minions are always the last to know
the reality is, is that this stock has been a tad disappointing over the past 3 years, but has the potential to have a quantum leap in the shareprice. did get to $6.80 earlier this year, and watso thought the price at the time, was well justified
the high turnover, certainly looks like someone wants out - but the shares are getting snapped up - albeit at ever decreasing prices
in a recent broadcast (see link via hc) mr thomas painted a very rosy picture of the company, and stated that the thai joint venture partner had been selected, but they could not make an announment till everything had been finalized - which would be soon. mr thomas, from memory, also stated that an ipo, would be done a bit further down the track, ensuring that full value would be received for the stake in chatree. the thing is, is that a partial sale needs to be done soon - and very soon - and i wonder if full value will be received - and that, i guess, will not be the case. after all, if the mining permits had been granted for chatree north, then a higher price would have been received, for any interim sale
ah - time will tell
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Last
$1.28 |
Change
-0.045(3.41%) |
Mkt cap ! $328.6M |
Open | High | Low | Value | Volume |
$1.29 | $1.29 | $1.26 | $483.2K | 378.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 5240 | $1.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.28 | 878 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5240 | 1.275 |
2 | 19777 | 1.270 |
1 | 2367 | 1.265 |
2 | 25000 | 1.260 |
1 | 10000 | 1.255 |
Price($) | Vol. | No. |
---|---|---|
1.280 | 878 | 3 |
1.285 | 1857 | 1 |
1.290 | 1857 | 1 |
1.295 | 1857 | 1 |
1.300 | 10000 | 1 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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KCN (ASX) Chart |