KCN 0.53% 93.5¢ kingsgate consolidated limited.

hammered on news of placement

  1. 25,206 Posts.
    kcn have announced a placement of shares at $3.55, to raise $38m . the market did not seem to like it. the purpose of the funds is to actively explore the region, prior to the time, that the company has to relinquish a half share in the project - in three years time. hopfully, the company will turn up new orebodies. anyway, i am a long term holder, and hopefully, they will turn up new orebodies. they are also going to look at the deeper potential of the orebodies

    happy punting to all holders
 
watchlist Created with Sketch. Add KCN (ASX) to my watchlist
(20min delay)
Last
93.5¢
Change
-0.005(0.53%)
Mkt cap ! $211.5M
Open High Low Value Volume
92.5¢ 97.0¢ 92.5¢ $403.6K 426.1K

Buyers (Bids)

No. Vol. Price($)
1 10282 92.5¢
 

Sellers (Offers)

Price($) Vol. No.
93.5¢ 105479 2
View Market Depth
Last trade - 16.10pm 19/04/2021 (20 minute delay) ?
(live)
Last
92.5¢
  Change
-0.005 ( 1.07 %)
Open High Low Volume
93.0¢ 96.5¢ 92.5¢ 43399
Last updated 15.24pm 19/04/2021 (live) ?
KCN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.