KCN is the second most shorted stock with 14.79% of issued capital shorted. www.thebull.com.au/premium/a/26582-top-10-shorted-stocks.html
To me it looks like the covering has begun with more buyers than sellers for the first time in a long while.
I brought in today at 96 cents for a trade, i believe KCN's fair value is about $1.80.
DYOR the next quarterly will be a good info update due by months end
short covering
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 (20min delay)
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Last
$1.51 |
Change
-0.005(0.33%) |
Mkt cap ! $389.2M | |||
| Open | High | Low | Value | Volume |
| $1.54 | $1.58 | $1.50 | $784.1K | 510.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 381 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 45578 | 2 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |