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KIN kin mining nl

2.70%

7.2¢

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Crazy-Trader

3,311 Posts.

39

11/04/18

10:34

Post #: 32369836
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Originally posted by EnsorDoone ↑

Sales opened at 17 cents this morning and soon fell to 14 cents
before recovering to 15 cents now.
.
Who decides these prices and how do they decide on mid teens?
.
Given the sobering announcement this morning, we expected the price to fall.
.
Why aren't the shares trading for 5 or 10 cents?
.
Is it all down to gut feeling or guess work or is there some rational rationale?
.
Is this the low point or the high before the low point?
.

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In-ground value.... ~$30 per oz at current prices.

Last edited by Crazy-Trader: 11/04/18

KIN Price at posting: 13.0¢ Sentiment: None Disclosure: Not Held
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