If a major bank manipulating sp for client.. there is the possibility they are doing it obtain a significant stake at a cheap price...lower the cost of acquisition. Do major banks usually manipulate a shareprice just for the sake of trading..IE. is their strategy or mandate.. dunno..perhaps somebody can comment.. usually that type of activity I expect from a hedge fund.
The fact is uncertainty is scarying buyers. We had that DPIM meeting with thai bank a few weeks ago.. hopefully we hear an annoucement on finance soon
Who is selling at these levels?, page-20
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Last
$1.66 |
Change
0.005(0.30%) |
Mkt cap ! $425.2M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.71 | $1.64 | $577.6K | 348.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2646 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.66 | 6174 | 4 |
View Market Depth
| Last trade - 15.03pm 15/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |