As I predicted, another monumental pump and dump. I'll see everyone at $1.20. This is becoming a total farse of a stock. We will never get the proverbial 'monkey off our backs' as long as these institutions keep manipulating the share price. As for hanging out until the second plant is open, it won't make a difference. KCN is trading in high enough volumes to allow institutions to push prices down, knowing they are robust enough to bounce back.
I tried to place a 200k share order and was stopped by Commsec, I tried it again on NAB and was stopped once more. Yet institutions can manipulate the market with sophisticated algorithms, selling in seconds and buying back for half a cent.
I'm sorry this is not Shaeden froideur, and I am not typing this with glee, infact I am responding to a common trend, 'fool me once shame on you, fool me twice shame on me.
General discussion, page-4391
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Last
$1.56 |
Change
0.005(0.32%) |
Mkt cap ! $402.0M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.57 | $1.54 | $536.0K | 345.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6063 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.57 | 22060 | 2 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| KCN (ASX) Chart |