A good move - they should have had $28mil in the bank at 30Apr and it's likely to be $44mil at 31May(they would already know the Apr production number) so I think that's a safe bank to commence a buy-back - I think it'll be modest and don't expect them to spend more than A$2.5mil/month.
I note it starts on 12May.
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Last
$2.41 |
Change
0.010(0.42%) |
Mkt cap ! $621.1M | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.46 | $2.38 | $1.326M | 549.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7500 | $2.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 22694 | 2 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| KCN (ASX) Chart |