KGL 4.55% 10.5¢ kgl resources limited

I dont understand why KGL is being hammered by the market. I...

  1. 1,489 Posts.
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    I dont understand why KGL is being hammered by the market. I know these low prices create buy opportunities that I have taken advantage of like so many others BUT at some stage you want to see some positive movement upwards albeit slowly.

    All the fundementals for KGL remain unchanged and the company management team have performed extremely well, they have a world class gold and copper resource, cap raising completed and money in the bank so my question is WHY are they being hammered? Yes I know middle eat tensions, the Japanses crisis but its probably trading at a much lower level to its peers still considering all those issues.
 
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Last
10.5¢
Change
-0.005(4.55%)
Mkt cap ! $59.56M
Open High Low Value Volume
11.0¢ 11.0¢ 10.5¢ $1.368K 12.59K

Buyers (Bids)

No. Vol. Price($)
5 255954 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 170120 4
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Last trade - 14.41pm 12/07/2024 (20 minute delay) ?
KGL (ASX) Chart
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