Was the decent from 5 cents to 1.4 cent convincing from market depth to you?
To me it was totally irrational logic but typical market action from impatient holders who never really knew why they were in the stock anyway...
Buyers now may be the opposite... long term view and understand how conservative the power industry is and if Kalina Cycle has advantages claimed , then in the end it will win the day
Directors stated that they remain confident that they will install 70 MW by 2020( end or beginning is the unanswered question)
At 2-3 cents one year on it represents better value than at 6 cents a year ago..IF YOU BELIEVE THE ADVANTAGES OF KALINA CYCLE...
regardless of market depth.. that will come if they deliver....
Having been buyer from 6 cents down I am very happy to hold and buy on any pullback but alas the sellers appear to have depleted .... as is always the case, probably at the bottom ...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.83M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $2.005K | 192.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2040039 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1888787 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 8513270 | 0.009 |
9 | 6312386 | 0.008 |
3 | 1475000 | 0.007 |
5 | 3900000 | 0.006 |
4 | 1759000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 647959 | 4 |
0.011 | 3524595 | 2 |
0.012 | 98588 | 1 |
0.013 | 20500 | 1 |
0.014 | 150000 | 1 |
Last trade - 15.58pm 15/11/2024 (20 minute delay) ? |
KPO (ASX) Chart |