KCN close to 4.20 as it bounds back after a stupid selloff
" md retirement
Posted 28/01/03 23:09 - 94 reads
Posted by alecfra
Post #68500 - in reply to msg. #68437
Mike Diemer retriement was not unexpected as he has served for 8 years the shareholders of Kingsgate,spent every second day in Thailand and put together a mine that is second to none.
Not only has he done this but he has also put a most creditable team together to carry on.Mike is still staying on as a director.
Todays sell off was simply stupid and represents a fantastic buying oportunity. I'Ll bet that they dance back very soon.
p.s. I have known all directors since startup, all I can say is that dividend policy will be increased not descreased.
Mike has a very tidy holding and may never need to sell a share--his dividend income is well over $1mill/year.
I took a lot on board today as I predeict the price of Gold will advance in the medium term."
some sanity prevails
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Last
$1.37 |
Change
-0.010(0.72%) |
Mkt cap ! $353.1M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.39 | $1.36 | $424.3K | 308.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6949 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 6994 | 1 |
View Market Depth
| Last trade - 16.10pm 08/12/2023 (20 minute delay) ? |
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Last
$1.37 |
Change
-0.010 ( 0.12 %) |
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| Open | High | Low | Volume | ||
| $1.38 | $1.39 | $1.36 | 20939 | ||
| Last updated 15.49pm 08/12/2023 ? | |||||
| KCN (ASX) Chart |