I read some drivel on another site about how KME is a bad investment because 'founders' have been selling down their holdings.
Irrespective of whether KME is a good investment or not, it is important to properly do your research and get fact rights.
Kip McGrath, who founded KME 36 years ago, has NOT been selling down, he in fact increased his holding from 20.25% to 36.73% last year.
Editure Capital, who invested in KME some 32 years after it was founded, to provide short term funding to KME, sold some of their holding to PIE funds Management and have been selling their remaining holding.
Ann: Change in substantial holding, page-18
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $22.73M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 40.0¢ | $20.94K | 52.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35009 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 680 | 1 |
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| Last trade - 15.51pm 18/10/2024 (20 minute delay) ? |
| KME (ASX) Chart |