Hi @remirez nice to catchup with you again KCN is the most-interesting story on the ASX..Risk for reward i rate it as the pick..A great case for $200 million sovereign-risk insurance payout in the coming months..a policy which Galaxy requires, entering mine-setup in Argentina being politically & economically unstable. A full payout/settlement on their insurance-policy claim would reset KCN price above $1. The big prize Kingsgate is working towards is year-end $500 million + compensation from Thai Military Government for their wrongful-shutdown of Kingsgate's long term successful gold mine.
My last buy was 16c a fortnight ago and if SP pulls-back to 17c i'm interested in buying again..Just had 3 consecutive days of hitting intra-day 3month highs so it's not a bad idea to see how the dust settles here..but announcement of Chile silver/gold mine sale is anticipated any day now, which could well create SP of 30c + combined with special-dividend already flagged by the company as likely :
https://mail.google.com/mail/u/0/s/...=1622490267252686848-local0&safe=1&zw
If i hadn't already loaded-up at 16c i'd be buying now, as the upside looks way better than any downside IMO
- Forums
- ASX - By Stock
- KCN
- Something is stirring
Something is stirring, page-5
-
- There are more pages in this discussion • 14 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 KCN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.41 |
Change
0.000(0.00%) |
Mkt cap ! $332.4M |
Open | High | Low | Value | Volume |
$1.40 | $1.44 | $1.40 | $484.1K | 342.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 25250 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.41 | 8280 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 90909 | 0.220 |
2 | 43508 | 0.215 |
6 | 253000 | 0.210 |
4 | 320000 | 0.205 |
8 | 455000 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 7908 | 1 |
0.230 | 128534 | 4 |
0.235 | 213200 | 6 |
0.240 | 95512 | 4 |
0.245 | 18720 | 2 |
Last trade - 12.38pm 04/12/2024 (20 minute delay) ? |
Featured News
KCN (ASX) Chart |