Well this is working out well....Fundamental's working with technical's - the announcement of a share buy back has shown the future direction of the recent consolidation and that is up......could get a retest but technically the pattern has a 0.40c target so happy days.
https://hotcopper.com.au/threads/legal-costs.4866066/page-12?post_id=39621562#.XUAN-OgzZ3g
KCN at 0.25c had a mkt cap of approx 56.5 million if they buy back 50 million shares that same mkt cap would reflect a share price of 0.32c...and with the excitement building of a potential early settlement this initial target is only the start of the upward trend IMO. GLTAH
Chart
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Last
$1.76 |
Change
-0.015(0.85%) |
Mkt cap ! $453.6M | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.76 | $1.72 | $556.1K | 321.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1810 | $1.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 8825 | 2 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$1.74 |
Change
-0.015 ( 1.68 %) |
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| Open | High | Low | Volume | ||
| $1.74 | $1.75 | $1.72 | 24189 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| KCN (ASX) Chart |