I was against the buyback when the stock was around 30 cents.. but it worked.. it gave the sp the momentum to however 50-60 cents range.
I am all for buybacks when Akara achieves sustainable positive cash.. But I would prefer to see the company actually make use of those proceeds and plow back into exploration.. to expedite in proving up the gold resource..
Ann: Kingsgate completes $46M institutional placement, page-230
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Last
$1.29 |
Change
-0.040(3.02%) |
Mkt cap ! $331.2M | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.32 | $1.27 | $1.071M | 834.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10500 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.29 | 22864 | 2 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| KCN (ASX) Chart |