loserfog,
It takes all sorts to make a market and the seller who dumped late yesterday was not too clever given what had transpired during the day.
I notice that strong buying is reappearing this morning which might suggest that the article by Credit Suisse has highlighted to investors that this company was probably undervalued to begin with .
Hence the not too clever seller at the end of the day should have done some homework before exiting his position.
The company should be getting a speeding ticket this morning given the volume that went through yesterday. Hopefully the company will have done it's homework and take advantage of some free publicity by Credit Suisse by making mention of this article.
There are many penny dreadfuls on the ASX that are undervalued but are left unnoticed because no one knows much about them.
If the rise was due to the article written, it's up to your Management team to take advantage of this opportunity because it is now on some investors radar.
Cheers.
- Forums
- ASX - By Stock
- Next Phase for KGD
loserfog, It takes all sorts to make a market and the seller who...
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KGD (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.467M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.6¢ | $405 | 60.36K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 5944051 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 3998146 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 457319 | 0.008 |
16 | 6500418 | 0.007 |
8 | 8677499 | 0.006 |
6 | 3400194 | 0.005 |
6 | 2420239 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1801059 | 3 |
0.010 | 1416412 | 6 |
0.011 | 2237901 | 10 |
0.012 | 481375 | 3 |
0.013 | 180000 | 1 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
Featured News
KGD (ASX) Chart |