Yes, it does. It makes no sense at these prices ie circa a dollar to be in at 400K shares at 75% due to potential movements down. However, back when it was in the teens, that was the time to go all in. At those levels, it made sense to sell shares into a leveraged position.
Local News, page-1187
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Last
$1.63 |
Change
-0.055(3.27%) |
Mkt cap ! $418.8M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.67 | $1.63 | $376.3K | 229.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10338 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.64 | 51400 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |