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
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) ? |
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Last
92.5¢ |
Change
-0.005 ( 1.07 %) |
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| Open | High | Low | Volume | ||
| 93.0¢ | 96.5¢ | 92.5¢ | 43399 | ||
| Last updated 15.24pm 19/04/2021 (live) ? | |||||
| KCN (ASX) Chart |