36 million is about 5% of outstanding shares so theoretically SP should increase 5%
However I think there won't be that many sellers to fill the 36 million so SP should increase by more than that in the next year (hopefully)
Interesting to see what conditions Kin has advised to buy under
I imagine it would be something like buy up to 10c or something
Ann: On Market Share Buy-Back, page-33
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Last
2.0¢ |
Change
-0.003(13.0%) |
Mkt cap ! $26.89M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 2.0¢ | $13.08K | 607.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1231210 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 154641 | 1 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| ICI (ASX) Chart |