The machine and algos has changed the game. This is the stock market they move stocks of the size of BHP STO CSL as if they were penny stocks.
KCN has a lot of uncertainty hanging and they gave the sign they will require to raise capital to get into production.
That was basically the sell signal to many... and as KCN loses momentum... most of the late traders try to get out at the same time. the results is what we are seeing unfortunately
The machine and algos has changed the game. This is the stock...
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 (20min delay)
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Last
$1.51 |
Change
0.040(2.72%) |
Mkt cap ! $389.2M | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.53 | $1.47 | $1.005M | 671.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2518 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 35186 | 3 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |