Wow - some jerk has plonked a measly 1000 KRE shares for sale at 0.068, to take the matched opening price down to 0.075.
Is that even a tradeable parcel?
Given the current interest in REEs, and the fact that Cummins Range is similar in geology to Lynas's Mt Weld deposit, the market interest is blindingly pathetic.
Yes - we know that it would take years to bring this anywhere near production, but a JV or a takeover would surely be on the cards?
Or is it just the association with NAV and the miserable performance of NAV that is afflicting KRE on the market?
It's all about perception and sentiment...!
But the current share price is silly, surely?
KRE Price at posting:
8.1¢ Sentiment: LT Buy Disclosure: Held