emkin
he had to sell them because of covenents, he borrowed money to exercise options !! his agreement with his bankers was that he would have to sell down his holding to reduce his debt(repay his loan).
well at least we now know where some of the selling pressure came from ?
looks like it wants to run, page-4
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Last
$1.29 |
Change
-0.085(6.18%) |
Mkt cap ! $332.4M | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.36 | $1.28 | $864.6K | 663.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22299 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 2499 | 1 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| KCN (ASX) Chart |