Sorry @@miningnut I am not sure why my last two posts did not imbed you.
Do you mind answering these questions?
1) Why would it be weird for a company to lodge the buyback paperwork? This is a simple admin step prior to a buy back. My understanding is that the market is not told of this paperwork. The submitting of non shareholder approval buy backs paperwork, is not price sensitive.
2) Why did you leave out AUD $17m from your cash flow model?
3) In your opinion, right now, is the company cash flow negative, neutral or positive?
4) If we had done the ASX paperwork and Nebari allowed. Do you think KCN can afford to do buy back immediately? If not, what is the reason?
Appreciate the insight
Ann: Kingsgate Financing Update, page-116
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Last
$1.55 |
Change
-0.025(1.59%) |
Mkt cap ! $399.5M | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.58 | $1.53 | $965.6K | 623.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2267 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.55 | 15633 | 1 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| KCN (ASX) Chart |