Wowee as the Lovegod further examines these shenanigans, no AFL grand final pi$$up for KCN shareholders today ....
So then what happens during the time Ross & Jamie gift themselves $500,000 in cash from the placement proceeds the sneaky buggers.....
SO,after the shareprice is DESTROYED from $2.05 because of the placement ---> Jamie then makes his first purchase ever after working for 10 years at Kingsgate at the nice destroyed after placement discounted price of $ 1.47
wouldn't it be extra funny if your placement SPP cash was actually used to fund his purchase !!
It's very possible as they gifted themselves the $500,000 somewhere between April 1st and June 30th
Any Forensic accountants out there willing to find the EXACT date the $500,000 Bonus was paid in this 3 month window...
Hahahaha, i would laugh if it was paid on or before 28th April !
I'd move permanently to Thailand if it was 28th April if i was them !
$500,000 Cash bonus taken by Ross & Jamie from placement., page-2
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Last
$1.83 |
Change
-0.050(2.66%) |
Mkt cap ! $471.6M | |||
| Open | High | Low | Value | Volume |
| $1.87 | $1.87 | $1.82 | $867.8K | 472.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 3687 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$1.84 |
Change
-0.050 ( 2.20 %) |
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| Open | High | Low | Volume | ||
| $1.85 | $1.86 | $1.82 | 13351 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| KCN (ASX) Chart |