KRM 5.56% 3.4¢ kingsrose mining limited

The creditors aren't in the business of carrying shares? Fuel...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,036 Posts.
    lightbulb Created with Sketch. 382
    The creditors aren't in the business of carrying shares? Fuel company? Did you actually take the time to check who the creditors were, who took part in the capital raising, etc.? It's all public info.

    Of course the opening price will be the price that buyers and sellers agree upon at that time (by definition), depending primarily (but not exclusively) on POG, new LOM plan (still unknown), production costs, balance sheet and number of outstanding shares. All these variables have changed significantly since December 2016; so, at this stage, I see no reason why the shares should resume trading at 4c just because that was the CR price.

    IMHO & DYOR
 
watchlist Created with Sketch. Add KRM (ASX) to my watchlist
(20min delay)
Last
3.4¢
Change
-0.002(5.56%)
Mkt cap ! $26.37M
Open High Low Value Volume
3.6¢ 3.6¢ 3.4¢ $16.08K 472.2K

Buyers (Bids)

No. Vol. Price($)
1 144683 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 157003 2
View Market Depth
Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
KRM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.