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0.6¢ kula gold limited

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loserfog

176 Posts.

1

29/01/16

11:16

Post #: 16893585
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Originally posted by possum2 ↑

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.

Expand

Affirmative!
Looks like it is good time for the management ,now they are in good position to get this mine up and running to benefit PNG and shareholders.

Cheers,

Last edited by loserfog: 29/01/16

KGD Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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(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)

KGD (ASX) Chart