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
hammered on news of placement
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Last
43.0¢ |
Change
0.005(1.18%) |
Mkt cap ! $96.14M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 43.0¢ | 42.5¢ | $37.23K | 87.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 39297 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 27811 | 6 |
View Market Depth
| Last trade - 12.12pm 12/11/2019 (20 minute delay) ? |
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Last
42.5¢ |
Change
0.005 ( 0.58 %) |
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| Open | High | Low | Volume | ||
| 42.5¢ | 43.5¢ | 42.5¢ | 63893 | ||
| Last updated 14.25pm 12/11/2019 (live) ? | |||||
| KCN (ASX) Chart |