The time for buybacks is when the company is pumping out cash, has significant cash reserves AND the SP is undervalued. That is not the current situation. The best approach holders could do is buy into the recent cap raising or better buy up when the price dropped well below the $1.50 offer price.
The time for buybacks is when the company is pumping out cash,...
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Last
$1.59 |
Change
0.035(2.25%) |
Mkt cap ! $409.8M | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.60 | $1.56 | $307.9K | 196.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1980 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 14483 | 3 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$1.58 |
Change
0.035 ( 1.47 %) |
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| Open | High | Low | Volume | ||
| $1.57 | $1.59 | $1.56 | 20955 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| KCN (ASX) Chart |