Problem with leaving powder dry for the future, is that you end up buying the shares back at a higher price. You get the most bang for your buck buying back shares at the cheapest possible price.
Only way that keeping some powder dry would make sense is if you believe that the price will be lower in the future. Whilst no-one can predict exactly what the future will hold, I would suggest that anyone who honestly thinks that the price would be lower in the future should probably consider whether or not they should actually be holding.
Ann: Update - Notification of buy-back - KCN, page-6
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Last
$2.44 |
Change
0.030(1.24%) |
Mkt cap ! $628.9M | |||
| Open | High | Low | Value | Volume |
| $2.46 | $2.48 | $2.42 | $4.136M | 1.691M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 187776 | $2.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.45 | 21895 | 1 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| KCN (ASX) Chart |