I do not need this information. I have been leveraging for a decade.
The funding is nothing if you believe in the underlying company/movement.
1,000,000 shares @ 100% borrowing will cost $30K per annum that is a 3 cent move in KCN per year in funding. Or if you prefer 4.39% then $43,9K per annum. What is 4,39% when you expect a multi-banger? Ask Lovegod what. It's nothing.
You can hold for 10 years for a 30 - 43 cent move. We had that in the last month couple of months.
Thanks again.
Local News, page-1193
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Last
$1.54 |
Change
-0.005(0.32%) |
Mkt cap ! $396.9M | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.58 | $1.53 | $1.024M | 661.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21000 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 6269 | 1 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |