Yes the trading certainly appears to be extraordinary. However KKC are buying back regularly and if they are taking advantage of the illiquidity with their purchases it is possible for them to create such movement on a day where the spreads between ask and bid are wide. The numbers showing on their buyback notice might provide a clue.
Ann: Update - Notification of buy-back - KKC, page-3
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 (20min delay)
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Last
$2.33 |
Change
0.000(0.00%) |
Mkt cap ! $751.5M | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.33 | $2.32 | $434.7K | 186.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 129377 | $2.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 167446 | 4 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| KKC (ASX) Chart |