I think it is about time that Management dipped their hands in their pockets and started to buy some stock.
If only they had some extra cash, then they could implement a share buyback to support the price. It is clear that the shorters have complete control of this atm, and management should be stepping in to support the SP.
Afterall the SP is down nearly 50% in the space of a month.
Time for management to get up and protect shareholders for once
kcn & challenger etc ..., page-4
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Last
$1.36 |
Change
-0.110(7.48%) |
Mkt cap ! $354.4M | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.44 | $1.35 | $946.2K | 681.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3371 | $1.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 1045 | 1 |
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| Last trade - 15.59pm 07/11/2024 (20 minute delay) ? |
| KCN (ASX) Chart |