I get what you saying... but only works if you are able to CR without a discount.
But investors like Buy backs as it instills confidence.. if the sp is below $1.50 next 6 months and KCN able to generate positive cashflows..I can see KCN doing a buy back to give the sp a positive nudge.... I think buyback allowance has already been approved by shareholders.. so they can do it anytime.
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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. |
---|---|---|
$1.29 | 22864 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 796 | 1.255 |
6 | 48232 | 1.250 |
3 | 14806 | 1.240 |
1 | 809 | 1.235 |
4 | 67000 | 1.230 |
Price($) | Vol. | No. |
---|---|---|
1.290 | 18750 | 1 |
1.390 | 12503 | 2 |
1.400 | 450 | 1 |
1.425 | 1000 | 1 |
1.430 | 119 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
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