You have to be kidding
Are you really suggesting the 64.3 m increase in cash balance has not contributed to this rise. The stock has put on 150m market cap in 4 weeks
Btw- if you look at the rising AUD some of the IO increase has been offset so you can't tell me it's just IO . It's probably 40/60 cash IO imo . On the note of the AUD my KI NPV estimates have been a little inflated at the rising AUD impacts cash flow negatively . Still IO price in AUD terms is still up about 17% in a last few weeks
KI project on current spot, page-17
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Last
29.5¢ |
Change
-0.005(1.67%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 29.0¢ | $350.5K | 1.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 127764 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 302574 | 6 |
View Market Depth
| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
