Not sure what all the confusion is about.
Things we know:
- Someone has tried to unload 2m shares for the last few weeks
- Sector rebounded yesterday and lots of juniors jumped upwards of 10%
- KGL will have 22.0m cash (~15.7c a share) if the Murchison transaction proceeds as expected
- On top of that, KGL have Jervois which has received good drill hits and cut CAPEX required from scoping study by about 50m recently as well as farm in agreements in Bashkol project and geothermal project
13-15c is more than a fair price.
Not sure what all the confusion is about.Things we know:-...
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Last
9.7¢ |
Change
-0.003(3.00%) |
Mkt cap ! $55.02M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.7¢ | $13.21K | 132.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 58549 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 1352 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| KGL (ASX) Chart |